
Apple Inc. ($AAPL) shares reached a four-month low on January 21, 2025, and a seven-month low relative to the Nasdaq-100 ($QQQ). The stock's daily Relative Strength Index (RSI) briefly fell below 30, indicating oversold conditions. As of January 22, $AAPL was trading around $219, with analysts noting that it was approaching significant support near its 200-day moving average (200dma) at $217.28. On January 23, $AAPL saw a recovery, hitting a high of $226.20 and reaching the target of $227 set by some analysts. The stock's performance is being closely monitored ahead of its upcoming earnings report, which could serve as an inflection point for the stock and potentially contribute to gains in the Nasdaq. Tesla Inc. ($TSLA) also showed signs of recovery, with positive sentiment noted on January 21 and 22, as the stock moved into positive territory.




