AAPLPrice has to stay above $177 and much better if it recovers $183

Twelve_E
02-29

$Apple(AAPL)$

Daily Chart: Inside candle at the support line and oscillator curling up close to the oversold area. Sounds like a bounce could be close.

Worth noting that the support line has been reached too many times, increasing the likelihood of a breakdown.

Price has to stay above $177 and much better if it recovers $183, which is the 10DMA.

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Tim Cook Visits China: A Good Signal or Not?
Tim Cook has been in China for the past five days. The significance of Cook's visit to China is crucial. In the fourth quarter of last year, Apple's revenue and profit grew both . But Greater China revenue fell 13% year-on-year, becoming the only large regional market to decline in the quarter. --------------------- How do you view Apple's business in China? Is Cook's visit represent a good signal? If Apple drops to 165, would you consider buying the dip?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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