AAPL Eyeing Gamma Reversal Zone – Will Bulls Defend the Pullback🍎 Technical Analysis (TA) – Intraday Setup
Current Price Zone: ~$221.39
* AAPL recently broke structure to the upside (BOS) after a clean reversal from the CHoCH zone near 210–213.
* Price tapped the supply zone at 225–227.5 (aligned with GEX call resistance) and is now retracing.
* This pullback is happening in low volume, hinting at a possible reload phase.
Indicators:
* MACD: Bearish crossover, but fading momentum — potential for a bullish crossover soon.
* Stoch RSI: Oversold and curling, signaling potential bounce opportunity.
🔐 Key Zones
Support Levels:
* 217.5 → HVL support zone, critical gamma level.
* 215 → Strong PUT support zone; multiple touches + GEX protection.
* 210 → 2nd PUT wall and base of previous accumulation.
Resistance Levels:
* 225 → CALL resistance (Highest NetGEX + Gamma Wall)
* 227.5 → 2nd CALL Wall
* 230 → Extended target / 3rd CALL Wall
🧠 GEX & Options Flow (TanukiTrade)
* GEX Sentiment: 🟢🟢🟢 — Bullish
* IVR: 39.1
* IVx avg: 30
* PUT$%: 14.7% → Dealers are likely hedged long → may support dips
* Gamma Wall: 225 → Key resistance (calls dominate here)
* HVL Cluster: 217.5 → strong likelihood of pin or bounce at this level
📌 This sets up a Gamma Pin Scenario between 215 and 225, with room to breakout if buyers step in early.
🛠️ Trade Scenarios
📈 Bullish Setup – Bounce at 217.5–215
* If AAPL reclaims 220+ after defending HVL, expect push to retest resistance.
* Entry: On reclaim of 222 with volume
* Target 1: 225
* Target 2: 227.5
* Target 3: 230
* Stop-Loss: Below 215
* Options Play:
* Buy Apr 12 $225 Calls
* OR Bull Call Spread: Buy $222.5 / Sell $230 Calls for a defined risk
📉 Bearish Setup – Breakdown Below 215
* Would indicate bulls failed to defend demand zone.
* Entry: On clean break of 215 with selling volume
* Target 1: 210
* Target 2: 208
* Stop-Loss: Above 218
* Options Play:
* Buy Apr 12 $210 Puts
* Bear Put Spread: Buy $215 / Sell $210
🧭 Final Thoughts & Bias
* Bias: Leaning Bullish above 217.5 — structure still supports higher low formation.
* If 217.5 breaks, watch 215 for final support test.
* GEX zones suggest dealers may support near 215 and sell near 225, so expect chop unless a catalyst forces breakout.
📛 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk appropriately.
