Apple Inc. ($AAPL) Approaching Golden Cross for Potential Rally

Current Price: $234.07 (+1.76%)
Post-Market: $233.99

Key Setup

• $AAPL is on the verge of a Golden Cross (50-day MA crossing above the 200-day MA).
• Last Golden Cross in June 2024 preceded a +21% rally in 6 months.
• Trend has shifted bullish since the April 2025 lows (~$170).

Fibonacci Levels (April low → July high)

• 38.2% retracement: ~$222 (near the 200-day MA, strong support).
• 50% retracement: ~$215 (secondary support).
• 61.8% retracement: ~$207 (major line in the sand).

What to Watch

• Golden Cross confirmation: If the 50-day clears above the 200-day and holds, it signals trend strength.
• Support levels: $222 is key — a breakdown here weakens the bullish case.
• Resistance zone: $238–$240 (recent highs). A breakout here could target $250 → $260.
• Momentum check: Pullbacks toward $225–$222 are healthy if buyers step in.

Bottom Line

$AAPL is setting up for a potential bullish continuation.

• Hold above $222 + Golden Cross = positive.
• Breakout above $240 could trigger another multi-month rally.