Markets.com Logo
euEnglish
LoginSign Up

Morning Note: Apple’s Bearish Turn: What’s Behind the Stock’s Downward Shift?

Jan 8, 2025
4 min read
Table of Contents
  • 1. Apple Stock May Be Reversing to a Bearish Trend 
  • 2. Japanese Yen Strengthened by 32-Year High in Base Salaries 
  • 3. Tesla Might Be in a Bullish Correction 

Apple bearish trend?

 

Apple Stock May Be Reversing to a Bearish Trend 

Apple’s investment plan to reintegrate itself in the Indonesian market was not successful as it did not satisfy the domestic smartphone content requirement of 40 percent. The local commitments that Apple made regarding the manufacturing resolution were not up to par and strong enough; hence, the sales of the iPhone 16 have remained on hold since October of the past year.

 

Even though Apple has boosted their bid to a billion dollars from the previous offer of ten million, this remains insufficient to satisfy Indonesia’s push for enhanced domestic manufacturing. While Apple aims to unlock this significant market with 280 million residents and over 354 million mobile devices, the negotiations continue until a mutual agreement is achieved. 

A graph with a line and a line

Description automatically generated with medium confidence

(Apple Daily Price Chart, Source: Markets.com) 

The price has broken through the bullish trend line with significant bearish momentum. It has also broken through the previous bullish structure and is now testing the purple support zone. It attempted to retest the upper resistance zone but was rejected. A failure of this support zone to hold the price will likely drive the price further downward, solidifying the formation of a bearish trend. 

 

Japanese Yen Strengthened by 32-Year High in Base Salaries 

Japanese salaries grew 2.7% in November, marking the greatest increase in 32 years, which signifies and brings forth strong economic potential. Economists had projected an increase of 2.7%, but the wages increased by 3%, which is slightly above the envisioned figures.

 

Wages have been consistently increasing, with a slight increase of full-time workers by 2.8%. This jump marks the strengthening of the economy for 15 consecutive months. The liquidity of wages resulted in speculation of the Bank of Japan increasing interest rates, but expectations of policy changes have been pushed forward because of Kazuo Ueda's recent dovish comments. 

A graph with red and green lines

Description automatically generated

(USD/JPY H4 Price Chart, Source: Markets.com)

 

The price is trending upwards, supported by the bullish trend line, as shown by the higher highs and higher lows. It has also broken through the purple resistance zone, was retested, and found support. However, if the price breaks this bullish trend line, it could turn bearish and push the price downward. 

Tesla Might Be in a Bullish Correction 

Tesla had a tough beginning in 2025 as it had to report an annual drop in the number of vehicles delivered, this being the first time they were recording the drop. During the year 2024, the company was able to deliver 1.79 million vehicles however, the number dropped by 1.1% as compared to the last year which caused the Wall Street estimate of 1.806 million units to be unmet. As for Q4, still meek results were reported with Tesla only being able to deliver 495,570 vehicles instead of the 504,770 that was estimated.

 

All this underperformance can be blamed on a multitude of factors, which include the decline in demand in Europe, the increasing preference of people towards affordable hybrid vehicles as well as the mounting competition in the Global Electric Vehicle market. 

A graph with a line going up

Description automatically generated

(Tesla Daily Price Chart, Source: Markets.com)

 

The price has broken through the bullish trend line with significant bearish momentum and even broke through the previous bullish structure. It rested the purple broken structure but was rejected, driving the price downwards. This solid bearish price action increases the likelihood that the price will continue downward toward the next support zone. 


When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.  

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.  
 


Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.

Tommy Yap
Written by
Tommy Yap
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    -0.18%
  • EUR/USD

    chartpng

    --

    0.11%
  • Cotton

    chartpng

    --

    1.13%
  • AUD/USD

    chartpng

    --

    0.54%
  • Santander

    chartpng

    --

    2.86%
  • Apple.svg

    Apple

    chartpng

    --

    0.31%
  • easyJet

    chartpng

    --

    6.98%
  • VIXX

    chartpng

    --

    -1.45%
  • Silver

    chartpng

    --

    0.55%
Tags DirectoryView all
Table of Contents
  • 1. Apple Stock May Be Reversing to a Bearish Trend 
  • 2. Japanese Yen Strengthened by 32-Year High in Base Salaries 
  • 3. Tesla Might Be in a Bullish Correction 

Related Articles

IBO stock up 200% today: what’s going on with Impact Biomedical

IBO stock up 200% today: the recent surge in Impact Biomedical’s stock price has caught the attention of the investment community.

Ghko B|1 day ago

Morning Note: Mideast Tensions Drive Oil & Gold Volatility; Tesla Rolls Out Robotaxi

Oil prices briefly surged to five-month highs as investors anxiously awaited a potential Iranian response to U.S. strikes on its nuclear facilities.

Tommy Yap|1 day ago

Global tensions impacted crypto market: BTC over $100K, Cardano around $0.54

Global tensions impacted crypto market: the cryptocurrency market is often influenced by a myriad of factors, and recent global tensions have made a significant impact.

Ghko B|2 days ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Regulation
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Weekend Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Finalto International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.