AAPL Stock Forecast: Could Descend Continue in (NASDAQ: AAPL)?

AAPL Stock Forecast: Could Descend Continue in (NASDAQ: AAPL)?

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AAPL stock price increased by 7.53% over the past week and the current volume is above the 10-day average volume.
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Apple Inc. (NASDAQ: AAPL) stock’s 52-week price range is around $124 – $198.
On September 13th, Apple showcased its new iPhone 15 to the world. Many people want to know what the new phone can do. The new phone is also very important for Apple’s sales. 
AAPL stock has been rising since December 2022, before the beginning of 2023, and has shown buyer accumulation on the charts and showed rise as buyers piled up earlier. The stock encountered a barrier near the supply range and retracement in the previous sessions and may decline more to form support around the fibo 38.20% level in the short term. Based on recent data, the revenue of the period ending June 2023 was $81.80 Billion with a net income of 19.88 Billion. 
AAPL stock price was at $174.21 with an intraday decrease of 1.19%. Moreover, the intraday trading volume of AAPL is 84

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