It is heading down. Trends is currently bearish.
But $38 is the IPO price which is crucial support for now.
If it breaks down $38 price level it might hit around $30.
If it breaks the resistance line of the down trend it might hit around $50 in near term.
From the perspective of technical analysis $AAPL looks like it is heading to down. It needs some correction from the top.
But we should wait the Apple event on 09/14/2021.