Apple Inc.: Why You Shouldn’t Chase AAPL Stock

Shares of Apple Inc. (NASDAQ:AAPL) fell on Tuesday on the back of a note by Credit Suisse that said supply chain checks of Apple are indicating that iPhone sales have weakened as of late. Apple stock was quick to react negatively right at the open, and the weak trading continued all day.

As a result, AAPL stock also sustained some technical damage and could now see further weakness in coming weeks (barring any quick bullish reversal).

Read my full analysis HERE

 

 

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