Apple technical setup looks bearish below $201. JPMorgan lowered its price target for Apple (AAPL) from $240 to $230, citing possible reduced demand for the iPhone 17. According to Osis.co indicators, puts could be a play here.
Apple Inc stock forum


-Maybe today is the day of the upside
-Inverse head and shoulders+ bullish pennant+ cheap prices
-Be fearless when others are fearful

Apple technical setup looks bearish at $199.78, down from Morgan Stanley's price target of $275 to $252 after Siri update delays. A class action lawsuit alleging securities fraud over AI features could further impact the stock. Consider puts with compliance deadline approaching this Thursday.
Apple technical setup looks bullish at $200.11 (+0.63%). Strong Q2 results released, with revenue up 5% and EPS up 8%. Going long, with services revenue hitting an all-time high.
