The current pullback may also be an opportunity for long-term investors?

While technology stocks index remains firmly in the green (10 minutes into trading), they have been weak from the start. Sickly stocks.

The 50% Fibonacci retracement level ($161), along with the 200-day moving average area, is a practical initial target price for Apple. However, if the long-term yield increases significantly from here, and/or the relative strength of the US dollar against Apple does not improve, there may still be significant downside potential.

After Apple's disappointing Q2 earnings, the drop continues, but is it really that bad? Support is at $176.615-168.89 billion USD.

Within a 4-hour time frame, Apple's stocks have reached a suitable range of $176, which could lead to a price increase. If a specific area is breached, this buying scenario will become invalid.