JZ8
2022-07-19

$Apple(AAPL)$has been buying back shares and has the potential to grow. Despite all the concerns for $Apple(AAPL)$. I am personally not really worried about this as I think this is just a little bit of pull back as the overall economy is kind of going through and we are seeing a slowdown in consumer spending. 


And as a result,$Apple(AAPL)$is slowing down in hiring and are putting on hiring freezes. Currently it is getting rejected at the resistance of 151 and the support level will be at 136. If it drop below 130, I will be very tempted to buy more shares for DCA. A simple reason that I love this stock is even if recession is coming, people are still buying Apple products.

Apple to slow hiring = A possible "Earnings Miss"?
Apple is reportedly to slow spending in some areas next year and scale back hiring initiatives... With its earnings report to be released on July 28, does this mean Apple will possibly MISS on expectations? What're your takes? Share to win coins!
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