$Apple(AAPL)$ We have last shown a strong support at 165 formed in October 2023. I am expecting Apple to test this support and either come to 160 or go on a very strong push up.
The catalysts to support this movement include earnings on May 2nd, as well as the earnings reports for much of big tech from April 22 - 26. WWDC is expected to be a very big one for Apple. AI is confirmed to be a large point of excitement. If Apple can follow through on delivering something that can be shown to provide a fresh take on their products that will make it hard for current users to not upgrade, than we could see the largest cycle of the iPhone ever seen.
Price target for Apple sits at 250 EOY, with 200 reached by this summer for WWDC.
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