AAPL Holds $200+ Support as Price Structure Stays Strong

Apple stock remains stable near a key support area around $200. The chart shows sustained strength after a rounded base formation, with moving averages pointing up and price holding above critical levels.

⬤ AAPL continues maintaining its structure after consolidating around a major horizontal level near $200. The stock is holding up well, with price staying above the highlighted support zone on the daily timeframe.

⬤ The chart shows a large rounded bottom pattern followed by steady recovery. After hitting a deep low earlier in the year, AAPL climbed back and returned to the previously tested range. It's now trading near the upper part of that zone while respecting the same support region.

⬤ Moving averages remain upward sloping, and price trades above the longer-term trend line. Recent candles show stabilization rather than rejection—the market is accepting higher prices instead of breaking below support.

⬤ AAPL's ability to hold above this key level reinforces the existing trend structure. When price respects range support after a base formation, it typically signals ongoing stability and continuation of the current market behavior.

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Eseandre is a blockchain lover from Nigeria, who also likes music and protecting women's rights.