๐ Apple (AAPL) โ A Tariff Storm Ahead?
๐๏ธ Timeframes: 4M & 4W
๐ฌ Headline: Reports are surfacing that Apple could take a $900M+ hit this quarter due to new tariff regulations, and the charts already reflect smart money repositioning.
๐ Technical Breakdown:
๐ 4M Chart:
Clear rejection from the $260.10 previous high
Fresh bearish momentum candle forming with downside momentum
$205.35 acting as a weak support before clean air to $169.21
๐ 4W Chart:
Market structure broken
Bearish continuation underway with a projected liquidity target near the $170โ$125 zone
Watch for a potential retracement to the $217โ$225 supply block before continuation
โ ๏ธ Macro Meets Market:
With Apple now in the tariff crosshairs, fundamentals are aligning with technicals. If this bearish pressure plays out, the current price might just be the ceiling before the markdown.
๐Key Levels to Watch:
$217โ$225: Potential short setup zone
$205: Break below confirms continuation
$169: Historical key demand zone
$125: Macro retest from pandemic breakout
๐ฏ Final Thought:
The market always moves before the media catches on. Now that headlines are surfacing, the charts were already screaming weakness. This isnโt just pullbackโitโs a realignment.
๐๏ธ Timeframes: 4M & 4W
๐ฌ Headline: Reports are surfacing that Apple could take a $900M+ hit this quarter due to new tariff regulations, and the charts already reflect smart money repositioning.
๐ Technical Breakdown:
๐ 4M Chart:
Clear rejection from the $260.10 previous high
Fresh bearish momentum candle forming with downside momentum
$205.35 acting as a weak support before clean air to $169.21
๐ 4W Chart:
Market structure broken
Bearish continuation underway with a projected liquidity target near the $170โ$125 zone
Watch for a potential retracement to the $217โ$225 supply block before continuation
โ ๏ธ Macro Meets Market:
With Apple now in the tariff crosshairs, fundamentals are aligning with technicals. If this bearish pressure plays out, the current price might just be the ceiling before the markdown.
๐Key Levels to Watch:
$217โ$225: Potential short setup zone
$205: Break below confirms continuation
$169: Historical key demand zone
$125: Macro retest from pandemic breakout
๐ฏ Final Thought:
The market always moves before the media catches on. Now that headlines are surfacing, the charts were already screaming weakness. This isnโt just pullbackโitโs a realignment.
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.
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.