Technical analysis by vf_investment about Symbol AAPLX: Sell recommendation (11/16/2025)

hi traders, AAPL is trading within a well-defined long-term ascending channel. Price is currently approaching the upper boundary of this channel, where it has historically faced resistance. Trend Structure: The broader trend remains bullish, with higher highs and higher lows consistently forming within the channel. Current Position: Price is nearing the upper trendline resistance, suggesting a potential exhaustion point for the current upward move. RSI: The monthly RSI is approaching overbought territory, indicating that upward momentum may be slowing and increasing the probability of a pullback. Potential Scenario: A rejection from the channel’s upper boundary could trigger a corrective move. The projected path shows price pulling back toward the midline or even the lower boundary of the channel, aligning with historical behavior. 🎯 Trading Idea: Watch for signs of rejection or bearish reversal patterns at the upper trendline. If confirmed, a medium-term corrective move toward the lower channel boundary could provide a high-probability buying opportunity in line with the long-term uptrend. ⚠️ Risk Note: This idea is based on technical structure only. Always consider macro factors, earnings, and risk management before entering a position.