Apple Makes $500 Billion Bet: Is AAPL Stock Ready To Shine Or Stumble?

Apple Inc. AAPL just dropped a headline-grabbing $500 billion U.S. investment plan, promising factories, jobs, and a whole lot of chipmaking.

While the headlines sound impressive — investors want to know if the stock is ready to rally or fizzle out.

Bullish Momentum, But Cracks Are Showing

Chart created using Benzinga Pro

From a technical perspective, Apple’s stock is flashing bullish signals across the board. Trading at $245.55, Apple stock sits comfortably above its five, 20, and 50-day exponential moving averages (EMAs), typically a strong indicator of upward momentum. The eight-day simple moving average (SMA) stands at $242.04, while the 20-day sits at $236.10, both signaling continued bullishness.

The Moving Average Convergence Divergence (MACD) indicator at 2.22 reinforces the positive trend, while the Relative Strength Index (RSI) of 61.17 suggests the stock isn't overbought just yet.

And with the 200-day SMA trailing far behind at $224.39, Apple's current price remains firmly in bullish territory.

Read Also: Apple’s M4 MacBook Air Set For March Debut, Says Top Analyst — New 13-Inch And 15-Inch Models Reportedly Incoming

Selling Pressure Clouds The Picture

But here's the catch: despite the technical strength, Apple’s stock is facing noticeable selling pressure. This often hints at a potential cooldown, especially after an extended rally.

While Apple’s massive investment plan may provide fundamental support, technical traders will be watching closely for signs of a reversal.

Investor Takeaway

Apple’s $500 billion splash might make headlines, but the real story lies in the charts. The stock is undeniably bullish for now, but with selling pressure building, chasing the rally without a tight stop could get risky.

Keep an eye on those moving averages—if Apple stock slips below the 20-day SMA, the bears might finally get their turn.

Read Next:

• Alibaba To Invest A Massive $53 Billion In AI Infrastructure, Taking On Trump’s Stargate AI Plan

Image: Shutterstock