Hey everyone,
In a tech sector that often feels stretched, finding a high-quality setup that hasn't already left the station is a challenge. That’s why my focus has shifted to Apple AAPL 0.00%↑ . While other tech names have soared, Apple has been consolidating, facing headwinds from innovation concerns and stalling iPhone sales. But let’s be real—Apple is still Apple. With a trillion dollars in cash and a fan base that’s more like a cult, you never count this company out.
The market has been getting a tailwind from the prospect of rate cuts, and that broad-market support provides a solid foundation for this trade. Unlike some of its peers that are up over 100% since the April dip, Apple has shown more modest strength, leaving plenty of room for us to capitalize on the next leg up.
I've been patient, and now I've identified a prime area of interest that offers an exceptional risk-to-reward profile. This isn't a trade to chase; it's a level to prepare for.
Here is the detailed trade plan.
