Apple (AAPL) has recently pulled back and is now showing early signs of a bullish reversal. The price has bounced from key Fibonacci support and is reclaiming the 9 EMA โ with bullish signals appearing on both MACD and RSI.
๐ Technical Highlights:
โ Bounce from 0.236 Fibonacci level
โ MACD bullish cross forming with momentum picking up
โ RSI climbing from oversold conditions
โ Daily candles reclaiming the 9 EMA
โ Room for continuation toward key retracement levels
๐ Fundamental Tailwinds:
๐น Apple is entering the AI data center space, signaling a major expansion into infrastructure behind the scenes
๐น The upcoming WWDC in June is expected to reveal powerful new AI software integrations across iOS and macOS
๐น Apple remains one of the top โMagnificent 7โ stocks, often leading institutional flows during tech recoveries
๐น Anticipation is building ahead of new software announcements, which historically lift investor sentiment
๐ Trade Setup:
๐ข Entry Zone: $221โ224
๐ด Stop Loss: Below $205
โ TP1: $228 โ 0.382 Fibonacci
โ TP2: $234 โ 0.5 Fibonacci
โ TP3: $248 โ 0.618 Fibonacci / resistance zone
Apple is now combining technical recovery with fresh fundamental momentum, creating a well-aligned opportunity for swing traders and position holders alike.
๐ Technical Highlights:
โ Bounce from 0.236 Fibonacci level
โ MACD bullish cross forming with momentum picking up
โ RSI climbing from oversold conditions
โ Daily candles reclaiming the 9 EMA
โ Room for continuation toward key retracement levels
๐ Fundamental Tailwinds:
๐น Apple is entering the AI data center space, signaling a major expansion into infrastructure behind the scenes
๐น The upcoming WWDC in June is expected to reveal powerful new AI software integrations across iOS and macOS
๐น Apple remains one of the top โMagnificent 7โ stocks, often leading institutional flows during tech recoveries
๐น Anticipation is building ahead of new software announcements, which historically lift investor sentiment
๐ Trade Setup:
๐ข Entry Zone: $221โ224
๐ด Stop Loss: Below $205
โ TP1: $228 โ 0.382 Fibonacci
โ TP2: $234 โ 0.5 Fibonacci
โ TP3: $248 โ 0.618 Fibonacci / resistance zone
Apple is now combining technical recovery with fresh fundamental momentum, creating a well-aligned opportunity for swing traders and position holders alike.
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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.
Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
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.