Apple stock has been moving in a broadening pattern for an extended period, showing signs of accumulation. This price behavior suggests a potential bullish breakout. The upside target in the coming months is around $300, possibly by fall or winter. However, a corrective scenario remains on the table, with a potential pullback toward the $165–144 range, which could present a strong long entry opportunity. From a fundamental perspective, investor interest is likely to increase ahead of Apple’s expected product presentation in the fall, which historically supports bullish sentiment in the stock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.