AAPL: Momentum Heating Up! Is This the Next Big Breakout?

📈🔥 Technical Overview:
* Trend: AAPL is moving within an ascending channel, indicating bullish momentum.
* Support & Resistance Levels:
* Resistance: $241.50 - $242.00 (Gamma Resistance, potential breakout zone)
* Support: $235.25 - $233.99 (Key pullback areas)
* Stronger Support: $230.34 (Critical demand zone)

Momentum Indicators:
* MACD: Positive crossover suggests continuation of bullish trend.
* Stochastic RSI: Overbought, signaling a potential short-term consolidation before another leg up.

Options & Gamma Exposure (GEX) Insights:

* GEX Zone: High positive gamma around $240-$245, indicating strong resistance.
* Put Walls: $230, $225 (act as supports).
* IVR & IVX: Volatility slightly decreasing, favoring controlled upside moves.

Trade Plan:
* Bullish Scenario: If AAPL breaks $242.00 with volume, next upside target is $247-$250.
* Bearish Scenario: If AAPL rejects $241.50 and loses $235, a pullback to $230 is possible.

📊 Traders should watch volume confirmation at resistance before entering a position.

📢 Conclusion: AAPL is gaining momentum! With strong institutional interest and a defined breakout zone, traders should keep this stock on their radar for a potential move beyond $245+. 🚀

🔎 Stay sharp, manage risk, and trade smart! 🚀

⚠ Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before trading.