Apple: Upward MomentumApple Inc.NASDAQ:AAPLHKCM_GlobalSince mid-April, Apple has traded within a 4% range just below resistance at $288.62, before showing significant upward momentum in the past few hours. Primarily, we expect Apple to break through resistance at $288.62 and set a major high well above this level. This would likely complete a large upward cycle, after which a new bearish phase should follow. In our alternative scenario, we would need to prepare for imminent sell-offs below support at $212.94 (probability: 37%). In this case, a new low would be expected within our alternative green Target Zone ($184.64–$163.01), where price would eventually reverse to the upside.