AAPL recently bounced off the $180 support level and building a bullish trend to the upside suggesting that Apple's stock price is poised for further growth.One of the key drivers behind the bullish sentiment is Apple's continued dominance in the smartphone market. With the recent launch of the iPhone 16 series, the company has once again demonstrated its ability to innovate and stay ahead of the competition. The new lineup has been well-received by consumers and is expected to contribute significantly to Apple's top-line growth in the coming quarters.
With a strong product lineup, a growing Services business, and a solid financial position, the company is well-positioned to reach the $197 price target in the coming months. Taste The APPLE!
#APPLE
Note
AAPL has been making amazing gains and getting close to our target at $197!! From there we may see all times high. Though we could potentially see a retracement to $188 before going to all time highs :)
Note
AAPL has been rotten and breaking its trend channel to the downside. We may be in a consolidation before we go on for further all time highs
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.