Apple stocks is trading in a expanding wedge that breaks to the downside technically, if this happen the price target will be around 53 per share, also the RSI is printing a big bearish divergence on the weekly timeframe something like what bitcoin did before it breaks above 32,000, if Apple manage to invalidate this divergence it can push the stock higher above 300, if it do not we can see a peak around 260 before it comes crashing down to 100 and then 50.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.