Apple (AAPL) Nears Major Head And Shoulder Breakdown

Apple Inc. (AAPL) is hammering on a head and shoulder neck-line. Should this pattern trigger, the first downside target would be $155.00.

Head and shoulder patterns are classic bearish technical analysis setups. Apple has been underperforming the NASDAQ 100 since it topped in December 2023. Issues in China, declining revenue and other factors are to blame.

This chart is on watch by the Verified Pros at Verified Investing.