$Apple(AAPL)$Apple will likely be bearish for next couple of weeks. In the long term, Apple stock is a buy now. The company is well positioned with strong moat and loyalists. As long as Apple continues to innovate, there will be demand. This loyal customers give the brand pricing power, profits and cash flow, which help to increase the share value and share price. In the other hand, for short-term trading, with all of the negative macroeconomics, will be hard for Apple share price to go up with meaningful margin to cash out.
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