Apple has long been a market darling, but it’s gotten sliced and diced recently.
Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in market cap since then. The stock is now on track for its longest weekly losing streak in six years, posting losses for five straight weeks and now pacing to post a sixth.
But this downturn, with the stock now trading near three-month lows, could very well be a chance to buy, according to a leading technical analyst.
