AAPL: Building a Base at 238 – Swing & Scalp Setups for Sept 17 Apple Inc.BATS:AAPLBullBearInsights1-Hour Chart Technical View Apple’s 1-hour chart shows a constructive rebound from the early September selloff. After reclaiming the $236.7–$238.2 zone, price is consolidating beneath $241.3. MACD has eased back toward neutral and Stoch RSI is mid-range, indicating digestion after the recent pop. * Immediate Support: $237.9–$238.2 (short-term breakout retest) * Major Support: $236.7 (trend-defining pivot) * Upside Zone: $241.3–$243.8 is the next key resistance band; a breakout above could open $245–$250 9 EMA remains above the 21 EMA, keeping the micro-trend bullish as long as $236.7 holds. GEX & Options Flow Options positioning supports the idea of a slow upward bias: * Call Walls: $241.3 (highest positive NET GEX / call resistance), $242.5, and $245. * Put Support: $217.5 is the main deep downside hedge. * GEX Bias: Modest call concentration at ~6.7% with IVR ~14 (IVx ~26.5), showing lower option demand and relatively quiet volatility pricing. This suggests market makers are not pricing in a major move but will likely support dips near $236–$238. Trade Thoughts & Suggestions * Swing Idea: Enter on dips into $238 with a stop below $236.5, aiming for $241.3–$243.8 and possibly $245–$250 if momentum improves. * Scalp Idea: Buy quick pullbacks to $238 or play a clean breakout above $241.3 with volume confirmation. * Bearish Scenario: A decisive break under $236.5 could test $232 and lower. Quick Take AAPL is building a steady base just under $241. For Sept 17, holding $238 keeps the bull case intact with $241–$245 as the upside zone to watch. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before trading.