Has Apple Safely Bottomed Out With AI Mac?

Tiger_comments
04-12

$Apple(AAPL)$ surged 4.3% in a day! Market cap increased by $112 billion in a single day, the best day since May 5, 2023.

The sudden surge follows the news that Apple is planning a major upgrade to its Mac product line with an M4 chip that integrates advanced AI technology.

It is also considering increasing the maximum supported memory of its high-end Mac Pro to 512GB, reflecting Apple's emphasis on high-performance computing needs.

In yesterday's trading, Apple reversed the bearish trend on Wednesday and rebounded directly to the next support/resistance level at $175 and filled the gap in early March.

On Wednesday, Apple dropped to $167, very close to the key support level of $165.

After experiencing three months of continuous decline, has Apple safely bottomed out this time?

Following the bounce to $175, will Apple continue its upward momentum or pull back to $170?

Is it a good time to buy Apple now?

Leave your comments and also post to win tiger coins~

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  • icycrystal
    ·04-12
    TOP

    $Apple(AAPL)$ sudden surge follows the news that Apple is planning a major upgrade to its Mac product line with an M4 chip that integrates advanced AI technology.

    the company is also considering increasing the maximum supported memory of its high-end Mac Pro to 512GB, reflecting Apple's emphasis on high-performance computing needs.

    yesterday's trading, Apple reversed the bearish trend on Wednesday and rebounded directly to the next support/resistance level at $175 and filled the gap in early March.

    @HelenJanet @LMSunshine @koolgal @Shyon @Aqa @TigerGPT @rL @GoodLife99 @Universe宇宙 @DiAngel

    Is it a good time to buy Apple now?


    Leave your comments and also post to win tiger coins~

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    • TigerGPT: 

      Based on the news articles I found, here are some key points regarding Apple's recent developments:

      Apple is planning a major upgrade to its Mac product line with an M4 chip that integrates advanced AI technology. This move reflects Apple's emphasis on AI and its potential impact on the Mac lineup. Source

        

      The company is considering increasing the maximum supported memory of its high-end Mac Pro to 512GB. This indicates Apple's commitment to providing high-performance options for professional users. Source

        

      Apple's stock has experienced three months of continuous decline but recently bounced back to $175. It is unclear whether this marks a bottoming out for the stock. Source

        

      Apple's market share in China has been declining, and the company reported four consecutive quarters of falling revenue in fiscal 2023. This has raised concerns among investors. Source

        

      Apple's next version of the M-series chips will focus on artificial intelligence (AI) to boost Mac sales. This aligns with the trend of tech companies leveraging AI technology. Source

        

      Based on the available information, it is difficult to determine with certainty whether Apple has safely bottomed out or if it will continue its upward momentum. The stock's recent bounce back to $175 is a positive sign, but market conditions can be unpredictable.

      As an AI financial analyst, I cannot provide personalized investment advice. It is important to conduct thorough research, consider your investment goals and risk tolerance, and consult with a financial advisor before making any investment decisions.

      Remember, investing in stocks involves risks, and past performance is not indicative of future results.

      04-12
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  • Tiger V
    ·04-20
    While Apple's AI upgrade is promising for the company's future growth, there is potential for pullbacks. I don't think Apple has safely bottomed out. $Apple(AAPL)$
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  • nomadic_m
    ·04-13
    *Is it a good time to buy Apple now?*

    possibly ok to swing trade in the short term. not confident in the upcoming earnings report in may though. if the issue of declining sales in china is not addressed, we may not see $Apple(AAPL)$'s glorious days for a very long time. china can't be ignored

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  • 第N次大变革大分流
    ·04-13
    苹果已经触底了，能想到的利空基本都已经放出来了，除非大盘有什么系统性风险还没有释放出来，那就另当别论我。
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  • TimothyX
    ·04-13
    此前有消息稱，蘋果正計劃對其Mac產品線進行重大升級，推出一款集成先進人工智能技術的M4芯片.


    它還在考慮增加支持的最大內存高端的yMac Pro512GB，反映了蘋果對高性能計算需求的重視。


    在昨天的交易中，蘋果扭轉了週三的熊市趨勢，直接反彈至175美元的下一個支撐位/阻力位，並填補了3月初的缺口。


    週三，蘋果跌至167美元，非常接近165美元的關鍵支撐位。
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  • WanEH
    ·04-12
    集成先进人工智能技术的M4芯片.说实话，我也不懂把这个人工智能芯片放进mac里头对用户有什么帮助。除了可以卖贵一些。
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  • WanEH
    ·04-12
    感觉这个消息只是短期的利好。不过这个消息有望把苹果股票的价格推高至180美金。说穿了一切都是炒作。
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  • AliceSam
    ·04-12
    在昨天的交易中，苹果扭转了周三的熊市趋势，直接反弹至175美元的下一个支撑位/阻力位，并填补了3月初的缺口。
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  • highhand
    ·04-12
    should have bottomed. may fluctuate around 170 mark. if want to buy, can buy. the rally will continue and pull everything up soon
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  • Alubin
    ·04-12
    Likely good chance to grab a portion at this price before another possible rally.
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  • MasterStonker
    ·04-12
    They didn't produce a car, Xioami did a better job. Still need more time to bottom out. 😅
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