Chart of the Day - Apple

Highly precise price action technical analysis offers the strongest trading edges and the most opportunities across the markets, making it the foundation of our reviews.

Apple (AAPL) is preparing to report its quarterly earnings after the market close on Thursday, with expectations of $1.77 earnings per share and $102.1 billion in revenue.

This comes amid a backdrop of mixed market sentiment and renewed concerns about slowing iPhone sales momentum.

As anticipation builds, the charts reveal where price may be headed next depending on how investors react to the results.

We'll review the chart from a price action perspective to identify potential levels of interest in both directions.

The charts highlight key levels where investors and traders alike will be watching closely.

Consistent profitable investing and/or trading requires a structured, rules-based approach to price action analysis. Proven processes, disciplined risk-reward management, and precise execution create the foundation for long-term success.

When combined with powerful mental performance strategies, this method becomes the ultimate blueprint for thriving in any market, on any time frame. 

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next price moves for this chart.

Since May 2023, we've showcased over 625+ Charts of the Day and provide a Free Quick Start Guide to traders with ambitious income goals for our patent-pending NeuroTrading Method™.

Monthly Chart 

On the monthly chart, price continues to climb within a well-defined rising channel.

After a steady run from the $177 area, Apple now trades near $269 with resistance just above at $274. A breakout above $274 could put the $292 target in play, marking potential continuation toward the upper channel boundary.

If earnings disappoint, a move back toward the $250–$260 support zone would be the first technical area to test buyer conviction.

With plenty of volatility traders have had much to be happy with and long term buy and hold investors have been equally as happy.

This kind of movement highlights why a cautious and well-informed approach is essential when evaluating a stock’s short to mid term outlook.

Weekly Chart

The weekly view highlights a near-term rally that has pushed price above previous all time highs.

Now, with price sitting just below the recent high at $274, short-term momentum remains bullish heading into earnings.

The market is currently implying about a $9.60 move in either direction by the end of the week, setting up potential volatility that could define Apple’s next major leg — continuation toward $279 or a pullback toward $260.

It goes without saying though, the only guarantee in the markets is that price cycles.  It cycles up and it cycles down across all time frames and all charts and rarely, if ever, moves in a straight line.

Only time will tell for sure what price will do next...

We’ve combined Fibonacci levels with key support/resistance zones and trend analysis to pinpoint potential price levels of interest and future targets.

With precision-focused charts like these, both traders and investors can confidently build and execute their strategies.

So what's next? 

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