Apple (
AAPL) is finally showing signs of strength after a prolonged sideways range. Price is attempting to break above the Ichimoku Cloud on the daily chart while MACD is starting to curve upward—indicating a potential shift in momentum. After holding the $190–$200 zone as support for months, this move above $200 could trigger a short-term breakout toward the $220–$226 levels.
The current setup has a clean structure with a 4.27 risk/reward ratio:
Entry: $200.30
Stop: $195.07 (below recent range lows)
Target: $222.61 (prior high + pivot cluster)
If this move holds, it could mark the start of a trend reversal in Apple following months of chop. Solid setup for a 2–4 week swing trade or as part of a core position rebuild.
Let me know if you're playing this one or waiting for confirmation above $208.
AAPL) is finally showing signs of strength after a prolonged sideways range. Price is attempting to break above the Ichimoku Cloud on the daily chart while MACD is starting to curve upward—indicating a potential shift in momentum. After holding the $190–$200 zone as support for months, this move above $200 could trigger a short-term breakout toward the $220–$226 levels.The current setup has a clean structure with a 4.27 risk/reward ratio:
Entry: $200.30
Stop: $195.07 (below recent range lows)
Target: $222.61 (prior high + pivot cluster)
If this move holds, it could mark the start of a trend reversal in Apple following months of chop. Solid setup for a 2–4 week swing trade or as part of a core position rebuild.
Let me know if you're playing this one or waiting for confirmation above $208.
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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.
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.