AAPL is trading within a long term 1W Channel Up (MACD = 7.570, RSI = 53.793) since July 2017, that has just made a near Higher Low (198.45 against 194.40). The -15.00% decline since the 233.50 all time highs, is more than most of the previous pull backs on this channel, which makes it an optimal long entry. Therefore we are bullish on Apple with TP = 240.00.
@tommix, Agreed. AAPL growth is slowing...buy backs are slowing...market is showing multi month bear divs...the rest of the world is already in a bear market. AAPL will be $130 before the end of 2019.