apple stock analysis
apple was one of the leading stock in us market, as the first U.S. company worth more than $1 trillion. Through early October, shares were up nearly 40% on the year, but from that point, it all goes wrong it all fell apart. Apple stock plunged 20%, wiping out nearly $220 billion in shareholder value.
cracks in the narrative began to form with Apple earnings report earlier this month. The company gave disappointing sales guidance for the critical holiday quarter and, in a surprising move, said it would no longer offer unit sales data for its products. Several analysts speculated that the reduction in transparency could be a signal that iPhone sales have peaked.
apple price was based on expectations for iPhone growth average selling prices, But the reality on the ground proves otherwise, Apple large size implies it likely needs to enter even bigger markets to support strong growth
Are we going to 140+_ $ price level?
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| Apple stock analysis |
let’s see some more charts to get a proportion, Technical Outlook for Apple stock
Short Term: Bearish /Neutral
Long Term: Bearish with an option to get a good rebound on the 146$ _+_
long-term traders should pay place greater emphasis on the Bullish or Bearish trend reflected in the lower bands on the charts
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| apple stock price |
and the last one for dessert
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| Apple analysis |
This review does not include any document and/or file attached to it as an advice or recommendation to buy / sell securities and/or other advice
