Technical Analysis:

Based on the technical indicators and recent price movements, AAPL shows the following patterns:

• RSI at 72.74 indicates overbought conditions, suggesting potential short-term pullback
• MACD at 5.64 shows positive momentum but may be reaching peak levels
• Price is trading above both 20-day MA ($243.78) and 60-day MA ($233.44), indicating strong uptrend

News Sentiment Analysis:

Recent news shows mixed sentiment:

• Positive: Apple along with other tech stocks reached all-time highs amid strong market rally fueled by AI and lower borrowing cost expectations
• Neutral: Berkshire Hathaway reduced its Apple stake by two-thirds to 300 million shares

Price Prediction for Next Week:

Based on technical and sentiment analysis:

Bullish Case (40% probability):

• Target: $255-257
• Drivers: Year-end rally continuation, positive AI sentiment
• Key resistance: $256.89 (Fibonacci R2)

Bearish Case (60% probability):

• Target: $240-243
• Drivers: Overbought RSI signals, potential profit taking
• Key support: $243.67 (Fibonacci S1)

Recommendation: SELL

Rationale:

1. Overbought technical conditions
2. Major shareholder (Berkshire) reducing position
3. Price near key Fibonacci resistance levels
4. Higher probability of pullback scenario

Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Past performance does not guarantee future results. Please conduct your own research and consult with a financial advisor before making investment decisions.