Expected Buying Zones for Apple Stock on the Daily Timeframe

Apple stock has begun its upward trend after breaking the corrective downtrend. The stock managed to break through key resistance levels at $262 and $277, forming strong buying zones on the daily timeframe, confirming the current strength of buyers.

Currently, the stock is attempting a corrective pullback after the recent strong upward wave, which could extend to new demand zones that have formed near the $253 level.

Expected Targets

If the stock does indeed decline and correct to the new demand zones identified on the chart, we expect to see a return to the upward trend and target $267 and $286 respectively.

If the demand zones are broken and the price closes below them on a daily candle, we may see a continuation of the decline towards the next buying demand zones, which are located near the $233 level, also considered a very strong area at the moment.