Apple Inc. (NASDAQ:AAPL): Apple stock's double bottom is confirmed

 


Apple stock broke the neckline of the double bottom (~$186) chart pattern on Thursday after being upgraded by BoA to a buy, citing that Apple could introduce generative AI as early as this year, or next year at the latest. The near-term P/T is ~ $192.23 after the double bottom is confirmed. Note that AAPL's stock price is $192.88 for its $3 trillion valuation.

This note contained herein is our opinion and should not be construed as a recommendation to buy or sell. Click here toview the latest update!

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