From a technical point of view, although it has broken its last resistances in this uptrend, it has quickly returned to the pre-break place, indicating a questioning of the bullish strength at the time.
Although it has been approaching historical maximums, and it will surpass them in all probability, since we are facing one of the best companies in the sector, whose impeccable work ethic has not changed, and therefore its sales level results will not change. The trade war between the US and China is still ongoing, and China has recently warned that it would take action against US companies in the event that the United States interferes with Chinese companies.
This short-term conjuncture could create a correction in the actions of apple until previous supports.
In the long term, however, there has been no fundamental or structural change at Apple, indicating that it will not exceed all-time highs.
Although it has been approaching historical maximums, and it will surpass them in all probability, since we are facing one of the best companies in the sector, whose impeccable work ethic has not changed, and therefore its sales level results will not change. The trade war between the US and China is still ongoing, and China has recently warned that it would take action against US companies in the event that the United States interferes with Chinese companies.
This short-term conjuncture could create a correction in the actions of apple until previous supports.
In the long term, however, there has been no fundamental or structural change at Apple, indicating that it will not exceed all-time highs.