Usman Salis
⬤ Apple pushed higher after wrapping up a three-wave pullback that landed right in a critical support zone. The decline played out in a textbook A-B-C pattern, dropping AAPL into the blue box area where buyers typically show up. Once price hit that level, it flipped direction and resumed climbing, keeping the broader uptrend alive.
⬤ The chart breaks down the wave structure in detail, tracking each leg of the pullback. Wave C completed inside the blue box around $253.91 to $257.34 before shares turned upward again. There's an invalidation level marked below the lows, plus annotations showing earlier wave formations and structural boundaries. With the correction done, AAPL started moving up again, which lines up with expectations that momentum would keep pushing higher.
⬤ The bounce from support reinforces the idea that buyers stepped in right when the three-wave move finished—classic behavior in this type of technical setup. The "Right Side" indicator shows the dominant trend still points up, and recent action backs that up. For the broader market, this matters because Apple carries serious weight in major U.S. indices. When AAPL rebounds from key support like this, it often influences sentiment across large-cap tech stocks and shapes how traders view near-term momentum heading into the next sessions.
Usman Salis
