Apple 6.5 Year Daily Technical Chart

Technical Indicators May Have Bottomed On Current Price Decline. The 50 Day vs. 200 Day Went Golden-Cross in Sept-2016 (see stars) at $100/Share, But Maybe Heading to Death-Cross If Current Price Is Not A Floor. Post iPhone Xs, XMax, & Xr Launches, Price is Same As 1 Year Ago when iPhone X Launched. Since The Oct-2018 Peak Price ($233/Share), Price Has Free Fell $55 (24%). Still Waiting For The Elusive Super Cycle, But iPhone ASPs (+28% Y/Y In FY Q4), and Services Growth Are Providing For Strong Fundamentals. Weak-Spots: The High-End Smartphone S-Cycle Has Peaked and Chinese Low-Cost OEMs are Here. The Fundamental Story Is Positive With A Boat-Load of Cash Going Towards Buy-Backs. One-Year Consensus Analysts Estimate Has Climbed To $231.32, from $200.06 0n Jun-29-18, But Downgrades May Not Be Over: