My base case for Apple is still **structurally bullish**, but I expect a tactical pullback before the next attempt at the highs around $345–350.
The five liquidity reports point to an environment that is not ideal for a straight-line rally: U.S. Treasuries were bearish in 3 of 5 reports, MOVE was bullish in 3 of 5, and DXY was bullish in 3 of 5. Higher yields, stronger volatility and a firm dollar create short-term pressure on a long-duration stock such as Apple.
BTC was bearish in 3 of 5 reports, while the S&P 500 had more bearish or neutral readings than bullish ones. This does not necessarily imply a crash, but it does create the conditions for profit-taking in large-cap technology stocks.
[](https://preview.redd.it/apple-will-touch-ath-but-not-yet-v0-pe17r001jqmh1.png?width=1835&format=png&auto=webp&s=36b66eb569e95f57ea1f6a75e517a6d9a7f235d2)
On the weekly chart, AAPL is trading around $315 after rejecting the upper area near $340–345. The primary trend remains upward, but there is a clear liquidity zone around $304–307, with an important horizontal level near $300.
That is why I expect the price to move lower first: a liquidity sweep, potentially toward $295–300, followed by a recovery. This would clear weak long positions and allow demand to rebuild before the next bullish leg.
The path I am watching is:
**$315 → $305/$300 → reclaim of $310–315 → $330 → $345–350.**
The thesis weakens if Apple closes decisively below $295–300 on a weekly basis. Conversely, a sustained breakout above $320–325 would invalidate the idea of a deeper pullback first.
This is not a structural bearish call on Apple. It is a tactical correction thesis within a broader uptrend—not financial advice.
https://preview.redd.it/o9tatxrd9rmh1.png?width=1835&format=png&auto=webp&s=4cfb0fbdc212aaa1bd3bc1ed6eafcfbc81377909