Apple Consolidates at Key Fibonacci Level: Is a Breakout Coming?Apple Inc.NASDAQ:AAPLMercury812Apple is sitting right under a big technical level: the 38.2% Fibonacci retracement around $279–280. This spot has been blocking price for days, and the stock keeps bouncing between this resistance and the support levels below. Buyers have already defended the 50% ($276) and 61.8% ($273) Fib levels, which shows there’s still strength in the uptrend. But unless Apple finally pushes above $280 with conviction, it could swing back down to retest those support levels again. In short: Apple is coiling up, and the breakout direction from here will tell us everything about the next move.