Things don't look good for the stock right now.
The broader stock market has been on a tear since Christmas, but Apple's stock can barely get up off the mat. $140 and TAOST Low Power Zone look like good support, but nothing can hold up a market determined to collapse.
One of my favorite trading strategies historically was to buy stocks that went up when the overall market went down. It stands to reason that 1 should sell stocks that can't go up alongside the broader market... especially when the stock is supposed to be a market leader.
I say all that to say that it appears to me that Apple is in trouble.
Only the future will tell.
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