Since mid-April, Apple has traded within a 4% range just below resistance at $288.62, before showing significant upward momentum in the past few hours. Primarily, we expect Apple to break through resistance at $288.62 and set a major high well above this level. This would likely complete a large upward cycle, after which a new bearish phase should follow. In our alternative scenario, we would need to prepare for imminent sell-offs below support at $212.94 (probability: 37%). In this case, a new low would be expected within our alternative green Target Zone ($184.64–$163.01), where price would eventually reverse to the upside.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.