Despite recent efforts, Apple stock was unable to hold its latest highs and slipped noticeably lower. However, renewed attempts to rally are already emerging. We primarily expect resistance at $288.62 to be overcome soon. Once above this level, price should complete higher-level waves (V) in blue and [I] in lime green, marking the end of a significant upward cycle. Afterward, a new bearish phase is likely to begin, kicking off a broader correction. Alternatively, if our alternative scenario—which we assign a 36% probability—plays out, a break below support at $212.94 would be expected. In that case, a new higher-level low for blue wave alt.(IV) would likely form within the alternative green Target Zone ($184.64–$163.01). This range could offer a chance for a sustainable bottom and renewed upward momentum.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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