Apple's stock, down 12% YTD, nears support levels after worst quarter vs. S&P 500 in over a decade; dip-buyers expected.
Apple's stock, down 12% since start of year, flirts with support levels after worst quarter in over a decade vs. S&P 500. Technical analysts see dip-buyers likely swooping in, and stock's lagging run may make it look cheap compared to other tech giants. Apple bulls argue that corrections are normal, with past setbacks leading to new highs.
April 02, 2024
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