Apple (AAPL) Shares- A Bearish Trend or An Opportunity?

Tim Cook is Apple’s ( AAPL ) sixth CEO, taking over from Steve Jobs in 2011. Steve Jobs, the legendary founder and innovative genius, stepped down from the position on August 24, 2011. Sadly, he passed away weeks later, on October 5, 2011. AAPL was the first U.S. company to eclipse a $1 trillion market cap on August 2, 2018. Two years later, on August 19, 2020, the value rose above $2 trillion, and in early 2022, it rose above the $3 trillion level. APPL shares opened in September 1984 at 12.0 cents and peaked at $182.94 on January 4, 2022. Since then, AAPL shares have been in a bearish trend, making a series of lower highs and lower lows. At the $154 per share level on February 15, 2023, AAPL declined 15.8% from the high, which could be an opportunity for America’s leading technology company. AAPL shares moved into a bearish trend After reaching its all-time high of $182.94 during the second trading session in 2022, AAPL shares turned lower. The chart highlights AAPL’s path of lower highs and lower lows throughout 2022. The stock dropped to its most recent low in January 2023 when it reached $124.17, […]

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