President-elect Donald Trump revealed that he recently spoke with Apple CEO Tim Cook, who hinted at a significant investment in the United States. Trump mentioned this during a rally in Washington, D.C., saying his election victory inspired the move. While Apple hasn’t commented yet, this would not be the first time Cook and Trump have worked together, as Cook was part of Trump’s Workforce Policy Advisory Board in 2019.
Since the election, Trump has announced significant investments, including $100 billion from SoftBank to create 100,000 U.S. jobs and a $20 billion data center project by DAMAC across multiple states. Trump also highlighted growing optimism in the
AAPL – D1 Timeframe
The daily timeframe chart of Apple stock prices shows prices currently resting on the trendline support and the 76% Fibonacci retracement level. Considering that the daily timeframe pivot zone is within the same price region, I think it’s safe to anticipate a bullish outcome.
AAPL – H4 Timeframe
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The 4-hour timeframe chart shows the SBR (Sweep-Break-Retest) pattern, with the break of structure highlighted by the horizontal arrow line. The price action on the 4-hour timeframe perfectly aligns with the daily timeframe sentiment.
Analyst’s Expectations:
Direction: Bullish
Target: 252.38
Invalidation: 216.37
CONCLUSION
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