APPLE 6-year Channel Up could correct to $265 at least.Apple Inc.BATS:AAPLTradingShotApple Inc. (AAPL) hit two weeks ago the top (Higher Highs trend-line) of its 6-year Channel Up. The 0.236 - 0 Fib Zone in particular, has delivered a number of strong corrections towards the 1W MA50 (blue trend-line) within this timeframe. This time however, given that the 1W RSI is printing the same Lower Highs pattern that formed a market Top on three previous sequences (early 2025, December 2023 and August 2022), a correction towards the 1W MA100 (green trend-line) at least, could be more probable. That was seen following the February 24 2025, December 11 2023 and August 15 2022 peaks. Those have been Highs following rallies coming off other market Highs. The current Higher High seems to be no different structurally, coming off a main January - March (2026) 1W MA50 pull-back, similar to both August 05 2024 and October 23 2023 Lows. As mentioned, the key characteristic here is that all the corrections that followed those three peaks, touched at least the 1W MA100 (green trend-line), with the previous one (April 07 2025) even hitting the 1W MA200 (orange trend-line). As a result, there is a high technical probability to see Apple correcting back to its 1W MA100 and touch $265 at least by the end of the year, before it becomes a medium-term buy again. If a stronger correction like 2022 and 2025 takes place (i.e. the 0.618 Channel Fib breaks), it could even test the 1W MA200 around $245. The 1W MACD Bearish Cross that just got formed this week, further strengthens the Sell Signal. Note also that a 1W MA200 $245 contact would almost be a -32.22% decline from the July All Time High (ATH) exactly like the January 03 2023 bottom (notice that the April 07 2025 bottom was a similar -34.93% correction). At the same time, this wouldn't just test the 0.786 Channel Fib but also the 0.5 horizontal Fibonacci retracement level, which got hit both on the 2025 and 2022 pull-backs. But no matter the price, if the 1W MACD makes a Bullish Cross below 0.0 or the 1W RSI hits its 4-year Buy Zone at any given moment, Apple will be a confirmed medium-term buy opportunity again regardless of the price at the time. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇