AAPL: Bullish Trend Intact, Poised to Reach 300

AAPL: Bullish Trend Intact, Poised to Reach 300

From our previous analysis, AAPL reached our second target and then moved down to the support zone of the pattern once again. AAPL is set to release its earnings report on January 30, 2025, which could be a catalyst for the market to push it up again.

MoffettNathanson downgraded AAPL from a Neutral Rating to a Sell Rating, reducing the price target from $202 to $188. However, considering the financial statements, this downgrade seems unwarranted. We should expect AAPL to rise further.

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