Rising Wedge Pattern in Focus Apple shares have trended higher within an 18-month rising wedge, with the stock’s price recently finding buying interest near the pattern’s lower trendline ahead ...
Apple shares powered higher in early Friday trading after a record set of quarterly earnings and an upbeat outlook for iPhone sales from the world's biggest tech company triggered a host of price ...
If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
Apple shares ... Moreover, the stock’s recent turnaround corresponds with the relative strength index (RSI) climbing out of oversold territory, confirming improving price momentum.
I think this is a huge signal for investors to pay attention to in 2025 because it could result in a retreat for the stock price. Apple has been among the top consumer brands for a long time.