Apple's Foldable iPhone to Compete with Huawei and Xiaomi
📊 AAPL — Piyasa Yorumu
▼ down · 60%Apple (AAPL) experienced a 3% decline in its latest trading session, with the price falling below both its 20-day and 50-day moving averages, indicating short-term weakness. The Relative Strength Index (RSI) stands at 37.8, approaching oversold territory but not yet there, while the Moving Average Convergence Divergence (MACD) remains negative and below its signal line, reflecting bearish momentum. News of a foldable iPhone could intensify competition, but since the product has not yet launched, it introduces uncertainty and may weigh on the stock. In the near term, the combination of technical indicators and news suggests a high likelihood of continued downward movement, though the decline is expected to be limited. Investors should monitor the support zone between $310 and $315.