APPLE 4-year Channel Up topped. Correction can target $255.

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APPLE 4-year Channel Up topped. Correction can target $255.Apple Inc.BATS:AAPLTradingShotApple Inc. (AAPL) hit today the top (Higher Highs trend-line) of its 4-year Channel Up where it last got rejected in early June and corrected towards its 1W MA50 (blue trend-line). The 1W RSI is printing the same Lower Highs pattern that formed a market Top on three previous sequences. That was seen on 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. 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 $255 at least, 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 at $230. 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 πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ 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. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡