APPLE testing the trendline

12 Oca 2021

We've heard gossips about possible Apple's partnership with Hyundai in order to build their autonomous car. Sales are looking good, M1 processor is a cutting-edge technology, but the problem is makroeconomy in US and S&P overall. Two possible scenarios shown on the chart. If it breaks the trend (less likely) we will see move downwards to ~125 if not lower. Other way we should see more moves upwards.