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Apple’s stock is the latest to see a ‘death cross,’ and it won’t be the last - MarketWatch

1. AAPL dropped 15.9% recently, nearing an 11-month low. 2. The stock's 50-day moving average fell below the 200-day average. 3. This 'death cross' indicates a potential longer-term downtrend for AAPL. 4. Dan Ives warns tariffs may significantly impact AAPL’s supply chain. 5. Analysts expect foundational damage as stock undergoes previous death cross patterns.

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FAQ

Why Bearish?

The 'death cross' historically indicates further declines for AAPL, following similar patterns.

How important is it?

The correlation between technical analysis patterns and stock performance is strong in AAPL’s historical data.

Why Short Term?

Previous death crosses led to short-term downtrends; market sentiment is currently negative.

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