Apple - Bull vs. Bear Case

Current Price: $241.84
Resistance Levels: 241.91, 259.81 (High)
Support Levels: 230.48, 219.68, 207.42
Trendline: Holding for now, but if broken, price could drop significantly.

Bullish Case

• Trendline Support Holding
  
• Price is still above the rising trendline, acting as strong support.
  
• RSI (~52.63): Neutral but recovering.
  
• Stochastic (~64.21): Turning up, suggesting potential upside momentum.
  
• AAPL is still above the key EMAs, which supports a bullish case.
  
• Volume Profile Shows Strong Demand Above 230
  
• Buyers stepping in around $230-$238, preventing deeper pullbacks.
  

Bullish Target Levels

• Break above 241 → Re-test 259.81 (All-time high)
  
• If 259.81 breaks → Next leg higher (~270-275 possible)
  

Bearish Case

• Trendline Breakdown Could Trigger a Decline
  
• A break below $230.48 will confirm a bearish breakdown.
  
• RSI is not in strong bullish territory yet.
  

Bearish Targets from Volume Profile

• If $230 breaks, price may move towards:
  
• $219.68 (First strong support)
  
• $207.42 (Next key level)
  
• $191.27 (Major demand zone)
  

Bearish Target Levels

• Break below 230 → Move to 219 first
  
• Below 219 → Risk of deeper pullback to 207-200 range
  

Final Outlook: Leaning Bullish if price breaks above $245
As long as $230 holds, AAPL remains bullish
Break below $230. Then expect a move toward $219 and possibly lower.

Strategy
Bullish Above 245 → Target 250-259
Bearish Below 230 → Target 219,207, 195