Apple Inc

Apple – More Pain to come?

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Apple’s AAPL chart right now? Honestly, it’s a mess. It’s one of those setups where you can’t confidently say much with conviction, but one thing feels clear to me: it should go lower before it gets better.

Zooming out to the 3-day timeframe, you can spot something interesting: the downtrend from 2022 to 2023 looks almost identical to the one we’ve seen from July 2023 to April 2024 — same structure, same slow bleed, and almost the exact same duration. That kind of symmetry doesn’t happen by accident.

After that, we had a massive rally from April/May 2024, but now we’re already seeing a sharp retracement — down over 35%. My take? We probably need one more leg lower to really shake things out before Apple makes a meaningful move higher, maybe toward $250–$260.

To get there, I think we still need to retest the $160–$150 zone. If we break below that and head toward $120, then we’re in real trouble structurally — that would shift the whole outlook.

Yes, the recent bounce from the VWAP level was clean, and it looked strong — but I wouldn’t rule out one more flush before we get the real recovery. Apple is in no-man’s-land right now, and until we hit key levels or reclaim broken structure, it’s caution over confidence.



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