Apple's stock has been falling quite heavily lately, likely due to its lack of engagement in AI. There are rumors that they will firstly utilize Google's AI in their next iPhones, and they also plan to increase their involvement in AI, so the fundamental sentiment is expected to change soon.
If the price drops a bit further, creating a divergence (check my drawings) and resulting in a reaction, then I plan to double my investment in AAPL.
In terms of TA, there are three levels that we particularly love when combined:
If the price drops a bit further, creating a divergence (check my drawings) and resulting in a reaction, then I plan to double my investment in AAPL.
In terms of TA, there are three levels that we particularly love when combined:
- Value Area Low
- Demand
- Fibonacci Golden Pocket
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