2026-02-05
Market Status: AAPL is flexing bullish muscle! π Trading at $275.99, comfortably above all EMAs (9: 266.6, 50: 264.2, 200: 247.5). The stock just pushed from $269 to nearly $279 in three days.
Technical Indicators: MACD flipped positive with expanding histogram (3.18), showing fresh momentum. RSI at 69.05 is knocking on overbought door but not screaming reversal yet. Price action respecting the bullish trend.
Tomorrow's Outlook: Expecting slight consolidation after the big run - likely a doji or small red candle. Weekly close should hold above Monday's open at $269.2.
Trade Setup: With RSI approaching overbought and resistance near $279, a conservative call spread offers upside with defined risk over the next two weeks.
Trend: π BULLISH
Candlestick Pattern: Three White Soldiers Formation (Feb 3-5): Feb 3 small bullish ($269.71), Feb 4 strong bullish engulfing ($276.49 +1.54%), Feb 5 consolidation doji ($275.99 -0.77%) showing hesitation at resistance
Support: π’ 272.28 (Feb 4 open and swing support)
Resistance: π΄ 279.50 (Feb 5 high and near-term ceiling)
CALLBUY AAPL @ 280
Expiration: Feb 19, 2026 Β· 14 days out