AAPL$Apple(AAPL.US) and TSLA$Tesla(TSLA.US) show 240 and 400 callback signals, waiting for the opportunity to bottom out~

The recent rapid rise in AAPL's stock price is mainly due to Apple's significant progress in the field of artificial intelligence, announcing the addition of new artificial intelligence features to products such as the iPhone, which are seen as potential catalysts for revitalizing iPhone sales growth.

The market's expectations for these AI features, including integration with third-party AI technologies such as ChatGPT, are highly likely to boost sales of hardware products such as the iPhone. In addition, AAPL's service businesses, including iCloud, Apple Music, and Apple Pay, have demonstrated strong growth momentum.

However, from a quantitative data perspective, 260 is a strong resistance signal. Last Thursday, the stock price rose rapidly but did not break through the resistance signal of 260. Currently, there is a 240 retracement signal. I believes that there is a high possibility of further decline towards the 240 signal in the future.

Another company that hyped up AI, TSLA, has also shown clear signs of a pullback. The bullish environment is when TSLA's stock price is above 435, and the 425 retracement signal given a few days ago has already reached its price. I think there is a high possibility of further decline towards the 410 and 400 signals in the future.