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
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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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.