Despite the recent stock market weakness, Apple is trading at new all time highs. This clearly indicates that buyers don't let this stock down but are rather buying every dip. Even though Apple is retesting a channel resistance, a breakout followed by a rally is definitely possible.
Apple still did not break above the resistance of the rising channel so a potential move lower is actually not unlikely. Price action over the next couple of days is very important since it will most likely dictate the behaviour of Apple over the next couple of weeks.
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