AAPL Stock Analysis & GEX Options Insights – Feb. 18
Technical Analysis (TA) for AAPL
* Current Price Action: AAPL is forming a rising wedge pattern on the 1-hour timeframe, which is typically a bearish pattern if momentum weakens. However, the stock remains in an uptrend.
* Support & Resistance Levels:
* Immediate Resistance: $245 - A key level that aligns with the 66.1% Call Wall.
* Next Resistance: $250 - This is the Gamma Resistance Zone where a rejection is possible.
* First Support: $242 - If AAPL pulls back, this zone should be watched for a potential bounce.
* Major Support: $234 - A breakdown of $242 could lead to testing this lower support.
* Critical Breakdown Level: $226 - Losing this level could trigger a significant downside move.
* Indicators:
* MACD: Slight bearish divergence forming, indicating slowing momentum.
* Stochastic RSI: In overbought territory, signaling potential short-term weakness.
Options Flow & GEX Analysis
* GEX (Gamma Exposure):
* Highest Positive NetGEX / Call Resistance: $250 → This is the strongest resistance zone.
* 35.91% Call Wall: $255 → Another major resistance area.
* 66.1% Call Wall: $245 → AAPL is currently testing this level, meaning a breakout could fuel a strong move towards $250.
* Put Wall Support: $225 → If AAPL drops, this level could provide support.
* IV & Sentiment:
* IV Rank (IVR): 28.4 → Moderate implied volatility, meaning options are priced fairly.
* IVx Avg: 30 → Slightly elevated but stable.
* Options Sentiment: Calls = 4.6% → Slightly bullish, but nothing extreme.
Trade Setups
📈 Bullish Scenario (Breakout Play):
* Entry: Above $245 with strong volume.
* Target: $250 (Gamma Squeeze Potential).
* Stop Loss: Below $242.
📉 Bearish Scenario (Breakdown Play):
* Entry: Below $242.
* Target: $234 or $226 (Put Support).
* Stop Loss: Above $245.
Final Thoughts
* AAPL remains bullish but is approaching key resistance at $245 and $250.
* A rejection at $245 could trigger a pullback to $242 or lower.
* Options flow suggests a potential squeeze to $250, but traders should be cautious of a pullback if momentum weakens.
* Best Trade Approach: Watch for confirmation of a breakout or breakdown before committing to a trade.
🚨 This analysis is for educational purposes only. Trade responsibly and manage risk! 🚨
* Current Price Action: AAPL is forming a rising wedge pattern on the 1-hour timeframe, which is typically a bearish pattern if momentum weakens. However, the stock remains in an uptrend.
* Support & Resistance Levels:
* Immediate Resistance: $245 - A key level that aligns with the 66.1% Call Wall.
* Next Resistance: $250 - This is the Gamma Resistance Zone where a rejection is possible.
* First Support: $242 - If AAPL pulls back, this zone should be watched for a potential bounce.
* Major Support: $234 - A breakdown of $242 could lead to testing this lower support.
* Critical Breakdown Level: $226 - Losing this level could trigger a significant downside move.
* Indicators:
* MACD: Slight bearish divergence forming, indicating slowing momentum.
* Stochastic RSI: In overbought territory, signaling potential short-term weakness.
Options Flow & GEX Analysis
* GEX (Gamma Exposure):
* Highest Positive NetGEX / Call Resistance: $250 → This is the strongest resistance zone.
* 35.91% Call Wall: $255 → Another major resistance area.
* 66.1% Call Wall: $245 → AAPL is currently testing this level, meaning a breakout could fuel a strong move towards $250.
* Put Wall Support: $225 → If AAPL drops, this level could provide support.
* IV & Sentiment:
* IV Rank (IVR): 28.4 → Moderate implied volatility, meaning options are priced fairly.
* IVx Avg: 30 → Slightly elevated but stable.
* Options Sentiment: Calls = 4.6% → Slightly bullish, but nothing extreme.
Trade Setups
📈 Bullish Scenario (Breakout Play):
* Entry: Above $245 with strong volume.
* Target: $250 (Gamma Squeeze Potential).
* Stop Loss: Below $242.
📉 Bearish Scenario (Breakdown Play):
* Entry: Below $242.
* Target: $234 or $226 (Put Support).
* Stop Loss: Above $245.
Final Thoughts
* AAPL remains bullish but is approaching key resistance at $245 and $250.
* A rejection at $245 could trigger a pullback to $242 or lower.
* Options flow suggests a potential squeeze to $250, but traders should be cautious of a pullback if momentum weakens.
* Best Trade Approach: Watch for confirmation of a breakout or breakdown before committing to a trade.
🚨 This analysis is for educational purposes only. Trade responsibly and manage risk! 🚨
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.