"$137 massive support level is key for Apple (AAPL) as if the stock price rallies above this could mean a short exposure opportunity. 2023 consensus EPS is $6.46 per share and trades at 22 times next year's earnings. EPS estimates revise lower towards to $5.75. Does 5% revenue and negative EPS growth justify a 50% premium market valuation?" Tony Zhang asks.
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