The AAPL chart shows a clear ascending channel, indicating a long-term uptrend with oscillations between support and resistance levels.
Bullish Case
Ascending Channel:
Price is moving within a well-defined ascending channel.
The lower trendline (~$210) acted as strong support during recent pullbacks, confirming the trend's integrity.
Indicators:
RSI: At ~55.81, it suggests room for further upside without being overbought.
Ichimoku Cloud: Price remains above the cloud, signaling bullish momentum.
Upside Target:
If AAPL continues its upward trajectory within the channel, resistance near $260–$270 becomes the next target.
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