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Assessing Apple's Future: Growth, Cash Flow, and ValuationAssessing Apple's Future: Growth, Cash Flow, and Valuation Introduction Apple Inc. stands as one of the world's premier businesses, offering investors a remarkable journey over the years. Its stock has outperformed the Nasdaq Composite index with a 46% gain in the past three years, despite its market capitalization remaining below the coveted $3 trillion threshold. As investors look ahead, they grapple with questions about Apple's future prospects. With Apple shares currently trading around $178, it's natural to ponder their potential value three years from now. To answer this, several significant trends must be taken into account. Robust Revenue Growth Apple's remarkable performance in the trailing 12 months, with revenue reaching a staggering $384 billion, highlights the company's enormous scale. However, it's essential to recognize that as a company of this magnitude, growth is likely to slow down as significant avenues for expansion become scarcer. Over the last three quarters, Apple experienced year-over-year declines in sales. Nevertheless, from fiscal 2017 to fiscal 2022, Apple achieved an impressive annualized revenue growth rate of 11.5%. This suggests that recent challenges may be more tied to macroeconomic factors than intrinsic issues within the company. Tempering Expectations Investors should exercise caution and temper their expectations. Wall Street analysts generally agree that Apple's future trajectory will involve smaller gains, with a projected compound annual revenue growth rate of 3.4% between fiscal 2022 and fiscal 2025. While potential growth may come from emerging markets like India, the United States remains a crucial pillar of Apple's success. Unless Apple introduces another groundbreaking product with significant market potential, its growth is likely to decelerate. Cash-Generating Powerhouse Despite its mature phase, Apple remains a cash-generating powerhouse. In fiscal year 2022, the company generated a staggering $111 billion in free cash flow, and for the first three quarters of fiscal year 2023, it produced $80 billion in free cash flow. Additionally, Apple has consistently returned substantial sums of cash to shareholders, including dividends and stock buybacks. Berkshire Hathaway's 6% stake in Apple serves as a source of passive income for Warren Buffett's firm, contributing to Berkshire's decision to retain its Apple holdings. Valuation Considerations Apple's remarkable 2023 performance has elevated its stock price, with a trailing price-to-earnings (P/E) ratio of 29.8. Historically, Apple's shares have traded at an average P/E multiple of 20.2 over the past decade, indicating that they are currently trading at a premium to their historical norm. The exact reason for this elevated valuation remains somewhat uncertain, but it could be attributed to investors perceiving Apple as a safe haven in uncertain times. Looking Ahead While betting against Apple is challenging, valuation remains a crucial factor. Over the next three years, there's a compelling argument that the stock may not outperform and could potentially underperform the broader market. As the market comes to terms with the fact that Apple's growth prospects are diminishing, the stock may experience a downward rerating. Nevertheless, Apple's financial strength, cash-generating capacity, and brand appeal will continue to make it a compelling investment for many, but prudent consideration of its valuation is essential.
NASDAQ:AAPLLong
by FOREXN1
10
How Could Apple's Market Cap Impact Bitcoin and Crypto Markets?THE APPLE FACTOR Introduction: The crypto world is always abuzz with potential catalysts for market movements, and this time, it's not just crypto-related news making waves. Renowned crypto analyst Nicholas Merten, better known as DataDash, recently shared his insights on how a declining Apple market cap could have significant implications for Bitcoin and the broader cryptocurrency markets. In this TradingView article, we'll delve into Merten's analysis and explore the potential consequences for the crypto space. The Apple Decline: A Cause for Concern? Apple Inc., one of the world's largest tech giants, reached a milestone in July 2023 when its market capitalization hit an astounding $3 trillion. However, since then, Apple's market cap has experienced a decline, currently resting at $2.79 trillion at the time of writing. Merten argues that this downward trend in Apple's valuation could trigger a chain reaction in financial markets, including cryptocurrencies. The Domino Effect on Crypto: A 60%+ Drop? Nicholas Merten suggests that if Apple continues on this path and contracts from a $3 trillion company to a $1.5 trillion company, it could have profound consequences for Bitcoin. He argues that this impact could surpass even major crypto events like halving or the approval of a Bitcoin ETF. In his own words, Merten states, "If that scenario plays out, you can easily see Bitcoin coming down here to new lows at around $10,000 to $12,000." While he emphasizes that it's not a guarantee, it's a scenario that traders and investors should take seriously. Why Does Apple Matter? The significance of Apple's decline goes beyond its sheer size. Apple's market cap decline has a cascading effect on other equities, including tech giants like Microsoft and the famous FANG stocks (Facebook, Amazon, Netflix, and Google). Additionally, it could impact the broader stock market and, crucially, the cryptocurrency space, from Bitcoin to various altcoins. As Merten puts it, "Those small percentage declines, while they seem small, are magnified when you consider Apple’s valuation and the weighted impact it’s going to have on other equities." Conclusion: Navigating Potential Storms The crypto market is no stranger to volatility, and external factors often play a significant role in shaping its trajectory. Nicholas Merten's warning about the potential repercussions of Apple's market cap decline is a stark reminder that the crypto world is interconnected with the broader financial ecosystem. While it's essential to stay informed and heed expert advice, it's equally crucial for traders and investors to maintain a diversified portfolio and be prepared for various scenarios. The relationship between Apple's fortunes and Bitcoin's fate is a fascinating topic to watch, and its evolution may offer valuable insights into the future of both traditional and crypto markets. As always, the key to success in trading and investing is a combination of vigilance, knowledge, and adaptability.
NASDAQ:AAPL
by CryptoSnagger
AAPL Hit as China Imposes iPhone Ban on State Entities It has come to our attention that the Chinese government has recently banned iPhones from state companies and agencies, which could have significant repercussions for AAPL's market presence and sales in the region. China has been a crucial market for Apple, contributing a substantial portion of its global revenue. If enforced strictly, this ban may result in a considerable decline in iPhone sales and subsequently impact AAPL's financial performance. As traders, we must stay informed about such market events and evaluate their potential implications on our investment strategies. Considering the potential risks associated with this ban, I encourage you to exercise caution and consider pausing any further investments in AAPL until we have more clarity on the situation. Apple is expected to release its new iPhone soon, and it would be prudent to closely monitor the developments surrounding this ban before making any investment decisions. It is worth noting that this is not the first time Apple has faced challenges in China. The company has previously encountered regulatory hurdles and intense regional competition, impacting its market share. However, Apple has demonstrated resilience and adaptability in the past, and it would be wise to await further updates on their response to this ban before taking any action. As always, conducting thorough research and consulting with your financial advisor before making any investment decisions is crucial. Keeping a close eye on the news and market trends will help us navigate these uncertain times and make informed choices. Please feel free to comment if you have any questions or concerns. Let's stay vigilant and make well-informed decisions as we approach the launch of the new iPhone.
NASDAQ:AAPLLong
by bryandowningqln
expanding flat in APPLEElliott Wave Analysis:- View:- A irregular flat has formed and currently the C wave is forming. if it didn't break 123 level then this will be expanded flat and if it breaks the level then it will be expanded running flat which may extend to 108. we can accumulate little here and a bit more in level 2 and bit more in level 3. 3 crucial level's ;- level 1:- 169 level 2:- 140-152 level 3:- 104 An alternative view will be published. I'm not a SEBI registered advisor. Kindly before taking a trade do your research/ consult your financial advisor.
NASDAQ:AAPL
by n0m0ret0ss
Apple Moving Lower for LongerAPPL (1D) - Quick Analysis Price Chart Apple's price action has filled it's August gap (White Dotted) and turned lower pushing past the 12, 26, and 50-day EMA's in one swoop. Both RSI and OBV have created trend lines (Yellow Solid) that the indicators look to be respecting with failed retest; as RSI is on the verge of pushing below the 50 level. What Seems Legit? This bad boy finally cooling off. It's up 60% YTD. First retest it's 200-day EMA then retest it's major trend line and some good chaos in-between. Check us out on Twitter for charts not posted here, memes, and news that that doesn't make the news Chart Key Yellow Solid = Trend Line White Dotted = Gap Fill Green Boxes = Supports / Target Areas
NASDAQ:AAPLShort
by Seems_Legit_Research
Docusign - In Theory, A Long-term Technical MultibaggerDocusign has its earnings call tomorrow and is another one of those stocks like Disney, Paypal, and Target that's been low for a long time (I have calls linked below), everyone wants to get long on, but they don't go up. The difference between the other three and Docusign is that Docusign may be undervalued at its $10 billion market cap and has significant tells in its price action that show it may be a multi-bagger long term. It shows the most clearly on the monthly, as the $180 level that the November of 2021 dump took out was never retested or even attempted to be retested on any time frame. This generally indicates that the market makers will take price back to this level. This is a notable development in light of the fact that price has been in a grinding chop and long accumulation for almost two years. However, the monthly and weekly candles show no signs that accumulation is complete. Namely, we are missing the "manipulation" stage of price action where lows are raided. Considering my thesis on the Nasdaq and the SPX being very bearish this month is legitimate: Nasdaq Futures - Are You Prepared For Red September? and SPX ES Futures - A Great Deal of Caution Is Advised On the basis that the JPM Collar where America and the world's most significant bank is long 15,800 SPX 4,225 puts that expire September 29 and have never been in the money is meaningful, Docusign earnings tomorrow morning may be a vanguard dumpster fire. The significant part of the Docusign price action is that the weekly bars show that even a pump to $60 or $61 is still bearish, and would follow in the footsteps of Disney and Target in being a market maker clowndunk on bulls. I think the trade on this is to long a higher lows pattern forming at either $42 or $38, since that would give the entire trading range since the IPO a higher lows pattern, or wait until a scheduled market rebound in 2025 after Joe Biden is given his second term as President because Donald Trump died in prison for Xeeeeeeting about election fraud. Either way, I think early bulls are going to get merked, but whoever can stay patient on this stock will pick up a multi-bagger. But that multi-bagger may not be scheduled for years, and years away from now may simply be too far away to matter whatsoever. The key problem with any long-term bull thesis on anything is the impending collapse of Xi Jinping's Chinese Communist Party, which has become ever more obvious from so many pieces of economic data, including reports that places like Shanghai are abnormally empty at the moment. The persecution of Falun Gong launched by Xi's predecessor Chairman Jiang Zemin on July 20, 1999, has gone on for 24 years and even included the unprecedented sin of live organ harvesting against 100 million spiritual cultivators. Although Xi has been executing the Jiang faction in droves since he came to power in 2013 under the Anti-Corruption Campaign for the persecution, and although Jiang died a few years ago, the persecution continues to this day. Because Xi is the head of the CCP, he's culpable and responsible for everything the Specter of Communism has done in all of human history. And so what we may see one day shortly is that Xi throws away the CCP during Beijing evening, which conveniently corresponds to right before Manhattan stock market opening. The gaps down will be relentless, and will never come back. The bump and run reversal plan to scam the entire world out of trillions more dollars by the Party West International Rules Based Order U.S. Empire will be all for nothing, and everyone will run for their lives. And on that basis, perhaps Docusign will never amount to anything, for those gaps are obviously there to be retraded to during the next pseudopandemic where you're supposed to stay in your house with the heat off, live on the Metaverse, work on Zoom, digital sign documents, and stay in your open air "15 Minute City" prisons. Because everyone has been going to Shanghai and Tsinghua to swear Marxist vows, sing Marxist songs, and train the CCP's Zero-COVID Social Credit System for export in exchange for benefits. Figuring it out isn't very hard. Believing in it isn't very hard. But too many people have made themselves fools. Humanity, I hope you can walk out of the catastrophe. But in reality, not many will.
NASDAQ:DOCU
by LordWrymouth
1
SPX ES Futures - A Great Deal of Caution Is AdvisedIt can be said that it's no surprise whatsoever that Jackson Hole was used so that options sellers could make various positions expire worthless, since it occurs on a Friday and was widely expected to be a high volatility day. Although indexes closed with sub-1% moves, the intraday range was actually very significant. Perhaps with Wednesday's apparent bounce and Friday's recovery, and the VIX trading at a 15-handle again, traders have been told to become bullish again because "new bull market." Yet when we look at the ES monthly, we see that price action has already taken out the July low. And we see from the Weekly that the weekly bounce simply swept into the wicks by a half handle before retracing upwards of 3%. The Nasdaq swept even higher, into the week of August 7's wicks: And the Dow is actually just really, really bearish: The biggest problem bulls face heading into the end of September and the end of Q3 is the situation in Mainland China with Xi Jinping and the Chinese Communist Party he has still yet to throw away. While many people may still feel that a sub-10% move on ES futures for the month of August, that will take out the July low circa-4,100, is a dream too good to come true with four days remaining... Consider that China's Hang Seng Tech Index, in an economy where every single company is a de facto state-run enterprise that must report to the CCP in every way, has an almost 17% range this month while dealing with a similar numerical value to the SPX: What hangs over the head of all of humanity is the 24-year persecution of Falun Dafa's 100 million practitioners by the CCP under former Chairman Jiang Zemin (it died) starting July 20, 1999. In order to go to places like Tsinghua and Shanghai and do business as a foreigner, one has had to "transfuse blood" and swear vows to the Red Regime and the Jiang Faction, and this has formed significant skeletons in the closet of many of the companies that support the indexes. If you don't believe it. Just go look up the Neil Heywood saga, or look at Canadian establishment journalist Sam Cooper's book "Wilful Blindness: How A Network Of Narcos, Tycoons And Chinese Communist Party Agents Infiltrated The West" and take a calloused look at reality. The start of August has marked a bearish shift in market structure. And although there are significant fractals that show a retrace to the highs is actually very realistic, the reality is that with how price action has played out, every bounce has occurred to rape bears and trap bulls. And this means that if there is to be a bounce, it's likely in Q4, which means there's another month of megadoom ahead. JP Morgan's big fund has been long puts from 4,225 since the end of June, and those puts have been significantly under water this entire time. JPM doesn't lose money and is hedged, of course, but the reality is that because of time decay, price must now trade significantly below 4,225 for those puts to even break even, the 4,665 calls to finally expire worthless, and the 3,550 puts they sold to a client to even have a remote chance of mitigating their losses. The truth is that the target, since indexes took the July low and have not truly bounced, is the June low. For ES SPX futes, this means 4,178, and more likely, a raid on the 4,100 big figure to complete August. There's only four trading days left, and this amount of volatility will be significant. But at the same time, it's only a -5.34% week from where we closed on Friday. A quarter-handle raid on the low will result in a sub-10% loss this month for the SPX. Compare that to the Hang Seng Tech and tell me how unrealistic reality is at a time that all of humanity is in great danger. So, what are the news drivers? On Monday, there's nothing in the economic calendar, but Tuesday is JOLTS, Wednesday is ADP Non-farm and GDP, Thursday, the 31st is PCE and Unemployment, and Friday, September 1, is the most volatile day of the month, Non-farm Payroll. Anyways, bulls, buying the dip is cool, but your calls better expire January of 2024. Anything less, and you're probably just donating money to some Hedgie's son's fraternity fund.
CME_MINI:ES1!Short
by LordWrymouth
4
Goldman Sachs - Are Banks The Next Dumpster?Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below. GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the big three indexes. The Dow had previously been the leader in strength, and for a long time, but in the last several weeks has become the leader in weakness. Although it looks like a minor blip on the radar, I feel it's something of a harbinger of doom. And the problem for Goldman Sachs can be seen clearly on the monthly: Clearly insofar that the bounce from the 2018 high should have lead to new highs. Instead, the distribution block from the market highs served as resistance. 14 months later, it took out July's low and we can now safely theorize that lower prices are in order. Weekly bars show us that a failure swing has formed and July's price action was just a local stop raid. So, what could a catalyst be? Arguably, there doesn't need to be a catalyst. It's just that JP Morgan is long 15,800 puts with a strike of SPX 4,225 expiring September 29 that have never been in the money since they were purchased at the end of Q2. And so when one index falls, all indexes falls, and the arbitrage algorithms naturally take component stocks down with them. There's also the economic disaster China under Xi Jinping and his Chinese Communist Party are facing. When you have a disaster hit the world's "Central Kingdom," nobody is an island and those macro equity flows will cause significant turmoil in other markets. For the U.S. market makers, this simply represents an opportunity to kill longs, buy everyone's losses at the bottom, and rip it back to new highs while you short sell and chase the entire way because Reddit and Discord and Xeeeeeter told you to. But "the best laid plans of mice and men often go awry." What looms over the head of humanity is the CCP's 24-year persecution of Falun Dafa's 100 million practitioners in Mainland China, which was launched by former Chairman Jiang Zemin on July 20, 1999. Although Jiang is dead now, the persecution still continues. Xi hasn't been a part of the persecution. Xi, to the contrary, has been killing the participants of the persecution in his "Anti-Corruption Campaign." But much of the world has gone to Shanghai to do business with the Jiang Faction and that requires swearing vows to the Red Cult's Flag of Blood and leaving collateral. This is going to be a roadblock to the future for the U.S. "systemically important banks" that cannot be passed, and the impact is going to be significant. So, here's the trade on Goldman Sachs. The target the algorithm is set up to pursue is definitely $275. Shorting from $320 actually really isn't that bad. Getting $45 on a put will do rather well for you even if you can only afford one. Although optimal entry was definitely the $350s. But the truth is that you aren't likely to be able to long $274 profitably. I'd say the first place you can look for a reversal or a meaningful bounce is $223. Humans won't believe it until they see it. But once you see it, it's too late. It only counts if you do something for yourself while the cards are still face down. Just like poker, the river is coming, and there won't be any "running it twice."
NYSE:GSShort
by LordWrymouth
Apple -> Now Getting Long!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance. On the weekly timeframe you can see that Apple is already approching previous resistance which could be acting as support and considering that this level is the previous all time high I certianly do expect at least a short term bullish rejection. However on the daily timeframe everything is still looking quite bearish - therefore I am waiting for a break and retest of the $183 daily structure level before the daily timeframe is also ready for more bullish upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
38
Short Trade in AAPLApple has been a top performer all year. The uptrend has been a thing of beauty – steadily marching higher since January. But that ride is over. The stock fell 10% in a week and still failed to attract buyers. It finally broke down last week before reversing higher. But that rally failed. And AAPL is again breaking through short-term support. Traders may consider selling short AAPL stock here in a bet that it will go lower still. This is a very low-risk trade since you could place a buy stop at $182 and risk less than 3% on the trade. Given the high price of the stock, it may be easier to simply buy a put option, like the AAPL $175 put that expires on October 20.
NASDAQ:AAPLShort
by rossgivens
APPL show a large triangular APPL show a large triangular This chart shows the weekly candle chart of Apple's stock in the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent high click through of Apple's stock has broken through the 1.618 position of the bottom up golden section in the figure, and then fell down, showing a large triangular oscillation and consolidation pattern overall! So for a period of time in the future, the bottom of the graph should be used to determine the bullish and bearish divide of Apple's stock, with the 1.382 position of the golden section above it and the short range below it!
NASDAQ:AAPL
by Think_More
Snowflake - Is It Time To Stop Gambling On Chop?Snowflake, a Nasdaq company, has earnings looming post-market, which has IV on weekly calls and puts juiced to 150%. Yet people are still gambooling on the next big instawin. The problem is you'll blow your account and won't need TradingView anymore and won't be able to have any fun in your community. Really, a far better proposition if you want 5 and 8:1 odds on things that are like 10 or 20:1 against to hit is to deposit on a sportsbook and put the same risk into a 3-bet parlay on late season MLB. If you're right you'll even get paid the same day and not have to mess around with charts and bars all day. Snowflake is one of the tech sector dump casualties, but has never bounced. The monthly shows very clearly we're simply sitting in $90 worth of range spanning almost a year and a half. And while $90 in range is pretty good, the problem is that it doesn't pump. There will eventually be a change in market structure and the most likely target is under $110. Weekly bars show us that the May low has been taken out before earnings, and this is a factor that is not consistent with bank/fund sponsorship to take out the highs. Which hints to us that the largest players who can move the market of a company that is still valued at $49 billion while printing $650~ million in quarterly revenue are probably targeting the bottom of "the flag" and not the top. While the failure swing at $190 forms a double top and becomes a target, the problem is that everything is set up, with Jackson Hole as the Federal Reserve and the world's most critical financial policy decision pending on Friday, to continue to correct and correct violently into the fourth quarter. Nasdaq Futures - The Trend Is Your Friend, Until The End Moreover, a lot of the worldwide economic situation is being heavily driven by what's going on Mainland China with Xi Jinping and the Chinese Communist Party he still hasn't thrown away. Word in the Western media is that the regime's de facto state run corporations, for whatever reason, are sitting on something like $3 or $4 trillion in real estate debt that's about to explode in their hands. There's still the problem of natural disasters like the Beijing floods, economic calamities like the International Rules Based Order jawing and chattering about "de-risking" from China, and the impact of the virus that has claimed many, many more people than the few hundred thousand the CCP has officially reported to John Hopkins for the official trackers. Worst of all is the 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million spiritual practitioners looms over the head of the Party. Even though Xi isn't responsible for the persecution and hasn't participated, it was done by former Chairman Jiang Zemin and the toad faction nested in Shanghai-Babylon, Xi is the one with his head in the prisoners' box because he's now the Chairman of the Party. And on top of that is an epidemic of arsons masquerading as climate change that have burned to death tens of thousands of hectares of trees and forests and their associated plants and animals. This world is out of control, but it's not allowed to stay out of control for long. And while it's on the brink, you're being told to get long by furus, Discord, Telegram, Wechat, Stocktwits, and Reddit, and are happy to take the bait, because you don't see the danger. So here's what's up for SNOW on earnings. A really likely theory is that it doesn't do much at all because the option sellers will just hold the price where it is in advance of Jackson Hole, let IV decline, collect all the premium from you as everything expires worthless on Friday and laugh. And somewhere along the way, Snowflake will have a $12 retrace to bring in breakup traders and take out short sellers to $165. But this $165 will be another form of optimal short entry to target the $100 mark before Q4 expires. If there's to be upside on this stock, based on the length of time and range of the chop and the specific price action amid the overall market and macro conditions, it would be a lot more likely to come after the lows get taken. Be careful.
NYSE:SNOW
by LordWrymouth
Is AAPL Worth Considering for Dividend?Introduction: As a trader, you constantly seek investment opportunities that offer promising returns. While Apple Inc. (AAPL) has long been known for its innovative products and market dominance, it's worth questioning whether it is equally attractive regarding dividend investing. In this article, we delve into the breakdown details of Apple's dividend and explore whether AAPL is worth considering for dividend-focused traders like yourself. Call-to-Action: Worth Considering AAPL for Dividend Considering the breakdown details of Apple's dividend, it becomes evident that AAPL is a stock worth considering for dividend-focused traders. Here's why: 1. Consistent Dividend Increases: Apple has a track record of consistently increasing its dividend payout, reflecting its commitment to rewarding shareholders. 2. Competitive Dividend Yield: With a dividend yield of , AAPL offers a competitive return compared to other dividend-paying stocks in the market. 3. Potential for Future Growth: Apple's commitment to dividend growth suggests that there is potential for further increases in the future, which could enhance your investment returns. 4. Strong Financial Position: Apple's relatively low payout ratio indicates its ability to sustain and potentially increase dividend payments in the long run, supported by its strong financial position. In conclusion, while Apple's primary focus may be on its product innovation, the breakdown details of its dividend program make AAPL a compelling option for dividend-focused traders. By considering AAPL for dividend investing, you can benefit from consistent dividend increases, competitive dividend yield, and the company's strong financial position. So, why not explore the potential of AAPL as a dividend investment opportunity? Disclaimer: It is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.
PYTH:AAPLLong
by bryandowningqln
AAPL | Informative | Aug 21 to Aug 25NASDAQ:AAPL If the price of NASDAQ:AAPL breaks above the bullish trigger of 175.10, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 177.20, 178.10, and 179.72. Conversely, if the price of NASDAQ:AAPL breaks below the bearish trigger of 173.48, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 171.96, 170.52, and 169.50+. *Personally I expect a bullish price action during the week.
NASDAQ:AAPL
by shkspr