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AAPL Trending Down to $174 – $177.50 Support Zone

AAPL has been gradually trending down towards the light blue support zone ($174 to $177.50). There was some short-term hype yesterday about AAPL’s change in focus from EVs to AI. I think the EV market is hurting right now and a lot of EV stocks are undervalued. I’m bearish on EVs short term, but bullish on them long term. I think AI will provide some significant improvements to EVs over the long term, and EVs reply on semiconductor chips which has been a hot industry right now.

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