To The Moon

The recent announcement by the Trump administration to exempt smartphones, computers, and semiconductor equipment from reciprocal tariffs provides significant relief for Apple Inc. This decision alleviates potential cost pressures and supply chain disruptions that could have adversely affected Apple's profit margins and pricing strategies. Given Apple's substantial reliance on Chinese manufacturing, the exemption helps maintain operational stability and investor confidence in the near term.

Let’s take a look at Apple Inc. ( $Apple(AAPL)$ ) Technical Analysis – Monthly and Daily timeframe

Key Technical Observations:

• Support Zone:

  Price is supported by the lower boundary of a long-term upward-sloping channel.

  Horizontal support is evident around $165, which has served as a key reaction area in past corrections.

• Momentum & RSI:

  The current monthly candle is sharply bearish (-10.80%), yet the lower wick suggests demand near support.

  The RSI (7) is near 36.50, indicating the stock is approaching oversold levels, a state observed in 2019 and 2022 that eventually preceded a rebound.

• Daily Timeframe Signal:

  On the daily chart, a closure above $200 would represent the first bullish technical signal.

  Such a daily close would indicate renewed buying interest and a potential end to the current short-term correction.

📊 Implications:

• Holding the $165 support is crucial; a rebound from this level could signal a pause or reversal in the current downtrend.

• The potential daily close above $200 is especially significant as it marks the first bullish signal on the daily timeframe, adding weight to the outlook for a trend reversal.

Using DLCs for Short-Term Trading on AAPL

• Long DLCs (e.g. $APPLE 3xLongSG261006(MACW.SI)$ ): May benefit if AAPL rebounds from the $165 support or if the price closes above $200 on the daily chart — a level that could signal a shift in short-term trend strength.

• Short DLCs ( $APPLE 3xShortSG261204US$(IPUW.SI)$ ): Could be considered if AAPL continues to trade below $200 or breaks below the $165 support, indicating potential for extended downside in the near term.

• Price behavior near these key levels, along with daily candlestick patterns and volume, can offer clues for short-term directional moves.

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