Downtrend Reversal? Buy the Dip!

23 MarAAPL


As you know the justice department has issued an Antitrust suit against Apple. This news is going to cause a downtrend in the stock, as expected, because of reaction to the news. However, we can expect a reversal sooner than later.

Apple is at $172.28 as of 03/22/24
Buy until $168.52
Price target(s): $174.27, $178.79
(expectation of a downtrend if the price retraces from this high, it could encounter resistance because traders may be ready with sell orders here)