AAPL Holding the Line or Ready to Slip? Jul 28Apple Inc.BATS:AAPLBullBearInsightsAAPL Holding the Line or Ready to Slip? Key Gamma Zones In Play 🧠📉 1. Market Structure (15M SMC Chart) AAPL recently broke out of a descending wedge structure after forming a BOS (Break of Structure) around $213.50. Two recent CHoCHs suggest an internal shift in momentum, but price failed to reclaim the red breaker block at ~$214.20–$215.40. Sellers stepped in heavily from that supply zone. * CHoCH ➜ BOS ➜ Lower High = potential bearish continuation * Price is compressing under the breaker zone with lower highs forming * Final CHoCH was not sustained above key S/R level ~$214.20 2. GEX & Options Flow (1H GEX Chart) The Gamma Exposure map shows AAPL in a compression pocket between PUT support and CALL resistance, with volatility brewing. * 🔒 $212.5: Key PUT support — likely dealer hedging zone * 🔓 $215.5: Strong CALL resistance & 2nd CALL Wall * 📉 Below $210 = Gamma Squeeze zone toward $207.5 / $205 (3rd PUT Wall) * 📈 Above $217 opens room toward $220–$222.5 (GEX8/GEX9) and CALL dominance IVX is still subdued (31.9) and IVR at 22.1 — suggesting cheap options right before earnings on August 1st, making directional bets appealing. 3. Key Levels to Watch * Support: $213.00 / $212.50 / $210.60 * Resistance: $214.20 / $215.50 / $217.00 4. Trade Scenarios 📉 Bearish Setup (high probability): * Entry: $213.80–214.10 rejection zone (breaker retest) * Stop: Above $215.60 * Target 1: $212.60 * Target 2: $210.60 * Target 3 (if breakdown): $207.50 GEX / HVL 📈 Bullish Reversal Setup (only if breakout confirms): * Entry: Break and hold above $215.50 * Stop: Below $214.30 * Target 1: $217.00 * Target 2: $220 * Target 3 (squeeze): $222.50 GEX9 zone 5. Thoughts & Recommendation AAPL is compressing tightly between supply and demand, but the market structure + GEX combo leans bearish bias unless bulls reclaim $215.50. Use that as your decision line. Intraday traders: watch how price reacts to $214.20–$213.60 zone. Failure to bounce likely leads to PUT wall retest at $212.50 and HVL support below. Options traders: Consider weekly PUT spreads if price rejects $214.10–$215.50 again. For bulls, only consider long CALL spreads if we get a break and close above $215.60 with volume. Disclaimer: This analysis is for educational purposes only. Not financial advice. Always manage risk and trade your plan.