Technical analysis by isahebdadi about Symbol AAPLX: Buy recommendation (1/8/2026)

After a strong rally from $200 to nearly $290, Apple is now in a healthy correction / consolidation phase. Price is currently sitting on: •A major horizontal support around $260 •The medium-term moving average (orange line) This area acts as a critical decision zone. Key Levels •Primary Support: 258 – 260 •Secondary Support: 245 – 242 •Major Support: 230 – 225 •Resistances: 275 → 290 → 300 Bullish Scenario (Primary) If price: •Holds above $260 •Closes daily candles above this level ➡️ The pullback is likely a bullish continuation setup. Upside Targets: 275 → 290 → 300 Invalidation / Stop: Daily close below 255 Bearish Scenario (Alternative) If price: •Breaks below 258–260 •Loses the moving average support ➡️ A deeper correction becomes likely. Downside Targets: 245 → 230 Final Takeaway Apple is at a make-or-break level. Holding $260 supports trend continuation, while losing it opens the door for a deeper pullback.