Apple: Wall Street’s Problem Child Looks To Return To Favor (Technical Analysis)


  • Apple finally comes to the AI party with its share price potentially looking for the $260-$275 region next.
  • Left in a wake behind the other AI major associated equities, AAPL has become Wall Street’s problem child of late, with a huge share of the device market but encountering a period of indecision as to where its share price would move next.
  • In this article, we will cover some info on the company before looking into my buy signal at $160 for this equity and see what technical evidence there is that the long-awaited break of $200 will hold.

Apple stores in the evening, busy Apple stores and people on the road


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Analyst’s 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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