On the monthly chart, Apple (AAPL) is steadily moving within a well-defined ascending Fibonacci channel, like climbing a ladder — step by step.
- The price is currently testing Step 4, a zone that has acted as a strong resistance barrier.
- Despite the pressure here, the structure still appears bullish, and even a minor pullback might simply be a pause before the next move.
- If momentum picks up, we could soon see a breakout toward the next step — targeting 234 at Step 5.
- The trend remains technically intact unless the channel is broken, and the overall formation still leans toward continuation.
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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.