$AAPL Daily — May 13, 2026 Close: $298.87 (+1.38%)Apple Inc.BATS:AAPLWavervanir_International_LLCAAPL Daily — May 13, 2026 Close: $298.87 (+1.38%) Setup type: Daily breakout retest into trend continuation. Earnings catalyst August 20. Candle: O $293.50 / H $300.92 / L $293.50 / C $298.87. Tagged $300 round-number resistance intraday, closed just below. Bullish close-near-high candle. Fib structure (April 240 low → November 286.87 high → March pullback to ~243): ▪ 1.0 ($286.87) — reclaimed and now support ▪ 1.236 ($315.26) — first target ▪ 1.382 ($332.52) — second target ▪ 1.5 ($346.14) ▪ 1.618 ($360.13) — measured extension where this leg statistically tops on standard Fib math ▪ 2.0 ($405.41) — extension target on continuation Projection: $298 → $361 by August 20 earnings is a 1.618 fib measured move (+21% in ~14 weeks). Aligns with the August catalyst window. Today's institutional flow context: Net session +$4.67M lean bull, but $4.11M of $310C 65DTE sold at bid in power hour. Institutional cap declared at $310-315 for July OpEx. The fib targets above $315 require the cap to be tested and broken — that needs the August earnings catalyst, not just momentum. Levels: ▪ Bull trigger: daily close > $300 with volume — opens $315 fib cleanly ▪ Continuation: $315.26 → $332.52 cluster — institutional cap zone, expect resistance ▪ Stretch: $360.13 (1.618) by Aug 20 print on earnings beat ▪ Invalidation: daily close < $286.87 — loses 1.0 fib, structure breaks ▪ Hard stop: $282 (50% retrace of latest leg) Risk:Reward on $298 entry: +21% upside ($361) vs -4.3% stop ($286.87) = ~4.9:1. Patient swing structure. Two timeframes, two truths: ▪ Short-term: capped by institutional $310C/$315C call-writing through July OpEx ▪ Medium-term: fib + trend + earnings catalyst supports run to $360 zone by August The trade is in the patience between the two. Process over prediction. Risk-first, always. Not investment advice.