Saad Ullah
⬤ Apple Inc shares flipped back into buy-the-dip mode after AAPL reclaimed its one-hour trend, wiping out what looked like a bearish setup. The chart shows price breaking back above short-term structure and retaking the range high—basically, the bears lost control. This move suggests the downside thesis just got invalidated as momentum flipped back positive.
⬤ The chart shows AAPL found solid support after a pullback and pushed back above both its one-hour trend and short-term moving averages. Price dipped below the range briefly, then reversed hard—classic buyer rejection of lower prices. Breaking above the prior range high is a big deal technically because it marks the shift from correction mode back to trend-following behavior. That rounded structure on the chart? That's momentum resetting, not breaking down.
⬤ With the bearish setup dead, the real question now is whether Apple can stay above this reclaimed one-hour trend. As long as price holds above this level, odds favor uptrend continuation over more downside chop. The chart leaves room for a run toward fresh all-time highs if follow-through buying shows up. Ideally, price builds a local range above this reclaimed structure—that would lock in clearer support and resistance zones for the next leg.
⬤ This matters beyond just AAPL because Apple moves major indices and sets the tone for big-cap tech. When AAPL stabilizes and resumes uptrend, it pumps confidence across the whole space. Reclaiming short-term structure cuts immediate downside risk and strengthens the trend. Whether Apple consolidates here or rips higher will shape near-term momentum across the broader equity market.
Saad Ullah
