Hello friends,

Welcome back to another daily breakdown at AppleTree360. Today is May 8, and we’re taking a closer look at Apple Inc. (AAPL) to assess what’s brewing on the charts.

We’ve also shared a quick video update on our YouTube Channel, so don’t forget to check that out for the visuals behind this analysis.

---

Apple’s Price Action: 4-Hour Chart Tells the Story

Let’s focus on the 4-hour chart, where each candlestick represents four hours of trading. On May 8, we observed four important bars at 4 AM, 8 AM, 12 PM, and 4 PM. Together, they reflect a classic pattern developing:

• Apple has been printing lower highs and lower lows, a sign that bears were in control for the past few sessions.
• However, that trend may be slowing. We’re now in a range where price action is stabilizing, roughly between $198 to $200.
• If this level holds and we see a break above $200, there’s a real opportunity for a short-term bounce.

---

Trade Set-Up: What to Look For

If Apple breaks above the current resistance area around $200, it could trigger a quick move of 3% to 4% in the short term. This would be either:

• A retracement trade, where the price recovers part of the recent decline, or
• The early stages of a reversal, depending on how volume and momentum follow through.

What gives this trade potential:

• Bears have shown signs of exhaustion.
• Bulls are beginning to test the strength at this key range.
• If momentum kicks in, we could even see targets near $215, which would confirm a deeper reversal.

---

Key Levels and Timeframes

• Watch Friday and Monday: These sessions are likely to confirm whether Apple will continue consolidating or start breaking out.
• Entry level: A clean break and hold above $200
• Short-term target: Around $206–$208
• Extended target (if trend reversal confirmed): Up to $215+

---

Final Thoughts

This is a tactical opportunity—ideal for short-term traders or swing traders looking for setups within the broader market. Always remember to monitor momentum and volume; those will help confirm whether it’s just a bounce or the start of something bigger.

Make sure you stay updated with our insights by subscribing to:

• Our YouTube channel for daily video analysis
• Our AppleTree360 blog for clean chart setups and trade ideas

Thanks for reading, and we’ll be back with more setups tomorrow!

---