$APPL plan for the next few days is based on the potential test of $165.5. I think once we see action around this level, $APPL could bounce nicely to around $175. The chart does not favors a steady recovery. I think as long as $APPL's management is unable to articulate a credible strategy around AI in the short term the stock will continue to be weak. Considering the low RSI, I'd favor a bounce. I think $APPL could support the market if they tank other magnificent 7. We may see
META
tanking from the $490s into the $400s for example while $APPL takes of into the $180-190s by Q2 or so. Perhaps it is also a good time for the Board to consider replacing Tim Cook to a visionary, as Tim has been a good operator but for another time. We need someone like John Ives or similar. Let's see what the market brings for $APPL in the coming days. Here's a path that I see could develop> Inverse Head and Shoulders, repairing of some singles around 177-178, and then test of 180.9. Of course market makers will ensure to keep most premiums as usual.
META
tanking from the $490s into the $400s for example while $APPL takes of into the $180-190s by Q2 or so. Perhaps it is also a good time for the Board to consider replacing Tim Cook to a visionary, as Tim has been a good operator but for another time. We need someone like John Ives or similar. Let's see what the market brings for $APPL in the coming days. Here's a path that I see could develop> Inverse Head and Shoulders, repairing of some singles around 177-178, and then test of 180.9. Of course market makers will ensure to keep most premiums as usual.