Apple's Bullish TrendNASDAQ: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!
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