AAPL - Bullish Breakout and Retest SetupApple Inc.BATS:AAPLhammad69918Hello fellow traders, This is a technical analysis of Apple Inc. (AAPL) on the 15-minute chart. As we can see from the price action, AAPL has recently broken through a key horizontal resistance level at approximately $255.42. Following the breakout, the price is now consolidating above this level, which is a classic sign of a potential resistance-turned-support retest. This "breakout and retest" is a common bullish pattern that could signal further upward movement. Based on the long position tool drawn on the chart, here is a potential trade setup: Entry: Around the new support level of $255.42. Stop Loss: A stop loss could be placed at $246.07, below the recent price structure, to manage potential downside risk if the support level fails to hold. Take Profit: The potential target for this trade is set at $276.71. This setup provides a risk-to-reward ratio of approximately 2.28 to 1. Disclaimer: This is for educational purposes only and represents a technical viewpoint. It is not financial advice. Please do your own research and manage your risk appropriately before entering any trade.