APPLE showing strong upside based on its AI tech and Cup & Handl

Cup and Handle has formed on Apple showing strong upside to come
21>7 - Bearish
Price>200 Bullish
RSI>50
There are a few mixed signals with bulls and bears but this is what happens during the transition of a change in direction.
Anyways, we need the price to break up and out of the brim level before we see upside.
Target $177.60

ABOUT APPLE and AI TECH

Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, with Wayne leaving the company shortly after.


In 2020, Apple became the first publicly traded U.S. company to reach a market capitalization of $2 trillion.

In the same year, Apple also announced its plans to become carbon neutral across its entire supply chain by 2030.

Apple launched its first 5G-enabled iPhone lineup in late 2020, featuring the iPhone 12, iPhone 12 mini, iPhone 12 Pro, and iPhone 12 Pro Max.

Apple also launched its first over-ear wireless headphones, the AirPods Max, in late 2020.

In 2021, Apple announced a major update to its privacy policies, requiring all app developers to disclose what data they collect and how it is used.

Apple introduced the redesigned iMac with an M1 chip in May 2021, featuring a slim design and seven color options.

Apple has been incorporating AI into its services, such as Apple Music, which uses machine learning to recommend personalized playlists and albums to users based on their listening habits.

Apple uses machine learning algorithms in many of its products and services, such as the Photos app, which can automatically identify and categorize images using facial recognition technology.