Apple is approaching the upper boundary of a long-term rising wedge while daily RSI is developing bearish divergence. Price is making a higher high, but RSI remains below its prior peak, suggesting momentum may be weakening as AAPL tests major resistance.
This is not an immediate short signal. I am watching for confirmation through rejection at the upper trendline, a bearish reversal candle, or a loss of nearby support.
Trade thesis
A confirmed rejection could open the door to a broader pullback toward the $265–$280 confluence zone, where the lower wedge boundary and prior descending resistance may provide support.
If that zone fails, the next major structural support is near $245.56.
Key levels
Resistance and rejection area: approximately $330–$335
Initial pullback support zone: approximately $265–$280
Major structural support: approximately $245–$246
Invalidation
A sustained breakout and close above the upper wedge boundary would weaken the bearish thesis and suggest continued upside.
The divergence is still forming, so confirmation matters more than anticipation. Earnings Call is approaching as well so a break above the wedge on earnings may still not negate the wedge as many symbols have pumped and dumped on earnings during this calendar year.
Educational analysis only—not financial advice.
This is not an immediate short signal. I am watching for confirmation through rejection at the upper trendline, a bearish reversal candle, or a loss of nearby support.
Trade thesis
A confirmed rejection could open the door to a broader pullback toward the $265–$280 confluence zone, where the lower wedge boundary and prior descending resistance may provide support.
If that zone fails, the next major structural support is near $245.56.
Key levels
Resistance and rejection area: approximately $330–$335
Initial pullback support zone: approximately $265–$280
Major structural support: approximately $245–$246
Invalidation
A sustained breakout and close above the upper wedge boundary would weaken the bearish thesis and suggest continued upside.
The divergence is still forming, so confirmation matters more than anticipation. Earnings Call is approaching as well so a break above the wedge on earnings may still not negate the wedge as many symbols have pumped and dumped on earnings during this calendar year.
Educational analysis only—not financial advice.
Nexus ChartTools | Clearer Charts. Better Decisions.
Proprietary TradingView indicators for clearer technical analysis.
Creator of S/R + D and MTF Cross.
For invite-only access or support, send me a private message. Not financial advice.
Proprietary TradingView indicators for clearer technical analysis.
Creator of S/R + D and MTF Cross.
For invite-only access or support, send me a private message. Not financial advice.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
Nexus ChartTools | Clearer Charts. Better Decisions.
Proprietary TradingView indicators for clearer technical analysis.
Creator of S/R + D and MTF Cross.
For invite-only access or support, send me a private message. Not financial advice.
Proprietary TradingView indicators for clearer technical analysis.
Creator of S/R + D and MTF Cross.
For invite-only access or support, send me a private message. Not financial advice.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。