AAPL STILL WANTS TO EAT THAT $300 TARGETApple Inc.NASDAQ:AAPLBlueLineTradingLLCApple is currently trading at a pivotal zone. There is a divergent high at 288, which was placed the week of December 1st, 2025, and crucial support at about 260. Most seasoned Elliott Wave analysts would hear that and call bearish, but I would not jump to conclusions so fast, and here is why: - The biggest factor that everyone should question here is AAPL's correlation to the S&P 500. Take a look at SPY, which has recently made a new all-time high and is hesitantly trading in the zone of that new high. AAPL is currently the second-largest holding in the S&P 500 and is notorious for closely tracking the SPY. So you must ask yourself, why has AAPL not made a new all-time high yet? The answer to that is probably simpler and related to upcoming earnings and the related dealer positioning. That said, hitting that 300 target and making one more push to the upside to take out that 300 target is not out of the question. - Looking at options flow, there is a very large open interest of call buying activity at $300. And when looking at weekly options activity, two expiration dates suggest that the target could be hit, between 5/15/2026 and 6/18/2026. - Lastly, if 288 was the completion of something more meaningful, and we are currently in a more meaningful correction, higher volume and less hesitation in the bearish price action. So, from here, I would look for volume to dictate interest in higher prices, and support at 260 to hold, for a trip to 300.