$AAPL TOP 20
Added 2024-10-27 16:07:06 +0000 UTC$AAPL reports after the close on Thursday and this will be the most important week of the earnings season with the majority of the Mega Caps reporting this week.
$AAPL had a difficult time at its ATH line for its first test, as news broke this week that the First generation Vision Pro's will be discontinued, as sales have deteriorated greatly, I don't believe this is the end of the Vision Pro but they will need to be greatly improved and in a price range that can target the masses.
Price action is still in the ascending triangle and above the 50 Day MA, leading into earnings, if Iphone 16 sales are good, then the $237 can be tested again, otherwise, this may struggle to get above the $237 level
Comments
I think they normally report their Chinese Sales too....it's possible that they will decline.
Gareth Neary
2024-10-27 16:22:55 +0000 UTCWill apple report on china sales too? I think there will be a drop and that potentially will have an impact on price action ans future guidance.
Ja Ma
2024-10-27 16:18:23 +0000 UTC
