Apple Stock Price Prediction 2023: Is AAPL Turning Bearish?

Apple Stock Price Prediction 2023: Is AAPL Turning Bearish?

1
Apple’s stock price decreased by 1.60% over the past seven days and 9.64% in the last month.
2
At press time, Apple stock price was $174.49 with a rise of 0.28% in the last 24 hours and a market cap of 2.728 Trillion.
3
AAPL share price is experiencing strong bearish pressure.
Apple was in a bullish momentum but the flight did not last long as the bears down the price and the share price tanked below the 50 moving average. Afterward, buyers did not hold the momentum and started unwinding their positions resulting in slippages in stock price.
Apple’s (NASDAQ: AAPL) stock price shows bearishness, losing the gains below the major moving averages. Recently, AAPL stock gave a breakdown below the trendline of $187.00.
Moreover, the price action shows that Apple stock has persisted in facing selling pressure, and buyers have stayed on the back foot. In contrast, sellers have a strong edge and continue to make short positions.
However, Appl

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We współpracy z: https://www.thecoinrepublic.com/2023/08/19/apple-stock-price-prediction-2023-is-aapl-turning-bearish/

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