Has Apple stock peaked?

Yahoo Finance2021-07-12

An impressive run in Apple's stock over the last four weeks has left it vulnerable to a short-term pullback, warns one veteran chart watcher. "Apple is just as overbought as it was in early September ...

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LarryGoh
·2021-07-14
Cool
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2
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- 282f7b2c:
  [Happy]
  2021-08-07
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- 282f7b2c:
  [Smile]
  2021-08-04
  Reply
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LarryGoh
·2021-07-14
Cool
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1
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- 282f7b2c:
  [Smile]
  2021-07-27
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- 282f7b2c:
  [Smile]
  2021-07-29
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282f7b2c
·2021-07-12
[Smile]
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2
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- 282f7b2c:
  [Happy]
  2021-07-13
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- LarryGoh:
  cool
  2021-07-13
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- 282f7b2c:
  [Smile]
  2021-07-14
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Stekii
·2021-07-12
We support spple
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- Holidaymood:
  Nice [Strong]
  2021-07-12
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EdwinK
·2021-07-12
No
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- Holidaymood:
  Okie
  2021-07-12
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Samuel.L
·2021-07-12
Nope
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- Holidaymood:
  Okie
  2021-07-12
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- Samuel.L:
  Okok
  2021-07-12
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moom1
·2021-07-12
Nice
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3
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moom1
·2021-07-12
Nice
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Like
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dw321
·2021-07-12
Where’s the M2 macbook pro 16”
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3
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CTLT
·2021-07-12
Still have more room to bullish
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- KH17:
  Agreed
  2021-07-12
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Avestor
·2021-07-12
Not yet….
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1
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deathdevil
·2021-07-12
Sky rocket
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3
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JennJenn
·2021-07-12
To the moon
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2
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- Jasongcy:
  Hope So
  2021-07-12
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SaveHK
·2021-07-12
100% no. Apple all the way to $1000 ?????
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- GCL08:
  It eill continue To rise slowly
  2021-07-12
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GCL08
·2021-07-12
Don’t think so….
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5
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Polkas
·2021-07-12
[Strong]
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2
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Gbsmidoban
·2021-07-12
Please like and comments! Thanks[Grin] [Grin]
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3
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- Qkumba78:
  Liked
  2021-07-12
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Polkas
·2021-07-12
[Strong]
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2
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happydylan
·2021-07-12
Maybe
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- Jooni:
  Hope so
  2021-07-12
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- lionking69:
  Should come down for me to grab?
  2021-07-12
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PML318
·2021-07-12
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- stinger77:
  Peak-ed
  2021-07-12
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(See purple circles at bottom in below chart)\nOnce that record was hit, Apple's stock (AAPL) quickly fell about 20% by mid-September, according to Yahoo Finance analysis. Apple's stock didn't climb beyond its Sept. 1 high until Dec. 28, 2020.\nSo in other words, based on historical RSI analysis for Apple it suggests the stock is again experiencing overbought conditions and could be at risk for a sharp pullback.\nHas Apple's stock hit a short-term peak?Yahoo Finance Plus\nShares of the iPhone maker are up 6% so far in July, outperforming the Dow Jones Industrial Average's modest 0.6% gain. The stock is the best-performing member of the FAANG (Facebook, Apple, Amazon, Netflix and Google) cohort in the past month, up 15% compared to runner-up Amazon with an 11.6% gain.\nAlthough Apple's stock chart is flashing warning signs, the Street remains bullish on the company's fundamentals and what that may mean to the stock price into year end.\n\"The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year and thus expect Apple shares to outperform the broader market materially in 2H21,\" said J.P. Morgan telecom and networking analyst Samik Chatterjee in a recent note.\nChatterjee reiterated his Outperform rating and raised his price target to $170 from $165. He also lifted his estimates modestly higher on iPhone and iPad volumes.\nOut of the 45 analysts on Wall Street who cover Apple, 76% rate the stock a 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