Apple AAPL Soars as Bullish Pattern Completes – What’s Next?
In my previous article, I mentioned that if Apple’s $Apple (AAPL.US)$ stock price stayed supported above $218, we could expect the price to head higher.
According to my analysis model, if the price does not hold at $218, there could be further correction, with stronger support at $195.
Looking at the updated chart, that prediction played out exactly as anticipated. The $218 level held firmly as support, and shortly after, the price broke out of the classic cup-and-handle pattern, smashing through the $231 breakout level.
Now, Apple is trading at $247.96, confirming the strength of the $218-220 support zone. This move highlights how powerful technical patterns like the cup and handle can be when paired with strong support levels.
From here, $231 will likely act as a new support if the stock experiences a pullback, but the current momentum points to the bulls remaining firmly in control. If you followed this setup, congrats—it’s been a textbook breakout!
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