China’s ‘iPhone City’ Stutters As Apple Moves Towards A New Low (Technical Analysis)


  • Loosening Covid 19 polices are affecting the Apple supply chain with factory workers increasingly on sick leave.
  • A forecasted disruption to supply during the holiday season leaves Apple on the doorstep of a new low in its structure.
  • We will look at what the next stop may be price wise and how it may get there.

Top View Of Robotic Arms Working On Conveyor Belt In Automatic Warehouse


Charts created by writer from OvalX

In this article we will examine news surrounding Apple’s (NASDAQ:AAPL) supply chain issues and how it is reflected in how the tech giant’s share price is performing. Before moving to Apple’s technical


Apple monthly chart (OvalX)


Apple monthly chart (2) (OvalXApple)

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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