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Feb 20, 08:08 PM
Apple ($AAPL) Stock Faces Technical Challenges, Longest Losing Streak Since 2022
Economics
Business

Apple ($AAPL) Stock Faces Technical Challenges, Longest Losing Streak Since 2022

Authors
  • *Walter Bloomberg
  • Whole Mars Catalog
  • Market Rebellion
9

Apple Inc. ($AAPL) stock has been on a downward trend, losing key technical support levels like the 200-day moving average and Ichimoku Cloud. Analysts predict a potential drop to $170 from the current $179 level. The stock is experiencing its longest losing streak since January 2022, down for seven consecutive days and eight of the past nine days.

Written with ChatGPT (GPT-3).

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