Apple Inc

Apple stock is almost at it's long term trend line since 1982!

216
277 - 279 give or take.
I think that will be it for this company in this current cycle.
Sales are dropping year over year.
They are buying back there own shares that's not innovative.
The downside risk is a lot greater then the upside risk at this point.
It might overshoot the line by a couple of dollars but I wouldn't count on it.
All thoughts are welcome.
Thank You

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