AAPL – Decision Point Ahead? Nov. 21 Trade Plan

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1-Hour Outlook (Main Bias)
AAPL sold off sharply from the 275–277 zone and is now sitting at the lower trendline of a falling wedge structure. Price is stabilizing near 266–267, where the first signs of a short-term base are forming.
1H Structure

• Clear downtrend but entering wedge support.
• Recent BOS to the downside confirms bearish pressure earlier today.
• Price is trying to form a higher low at the wedge bottom.
• MACD is flattening — early signs of slowing bearish momentum.
• Stochastic deeply oversold, beginning to curl up.
  1H Key Levels
  Upside levels
• 270.00
• 272.50
• 275.40–277.00 (major resistance)
  Support
• 264.50 (1H demand)
• 262.00 (lower wedge support)
  Bulls gain advantage above: 270.50
Bears gain control below: 264.50
  1H Trading Idea
  Bullish scenario:
If AAPL holds 266–267 and pushes above 270, buyers can attempt to reclaim 272.50 then 275.40.
  Bearish scenario:
If 270 rejects or price breaks back below 266, look for continuation into 264.50 → 262.

15-Minute Outlook (Execution Timeframe)

AAPL is consolidating inside a narrow 266–268 range after the heavy drop earlier. Structure is mixed but trying to form a micro base.
15M Structure

• CHoCH → small BOS → micro consolidation.
• EMAs are still stacked bearish but flattening.
• Price is sitting inside a discounted zone of the wedge.
  15M Trading Setups
  Bullish entry:
• Ideal retracement entry: 266.20–266.80
• Look for a bullish engulfing or strong rejection wick.
• Targets: 270 → 272.50
• Stop: below 265.20
  Breakout entry:
• Enter if AAPL clears 270.50 cleanly.
• Stop below last 15M swing low.
• Targets: 272.50 → 275
  Bearish scalp:
• Only valid if price rejects 270–272 zone repeatedly.
• Target: 264.50

GEX Confirmation

From the GEX chart:
Bearish Pressure

• Strong negative NETGEX near 267 → 264 (PUT support).
• Highest negative NETGEX aligns near 264–262, a natural downside magnet.
  Bullish Signals
• Large CALL walls 275 → 277 → 280, a major resistance cluster.
• Positive GEX blocks appear only if price gets above 272.50.
  Interpretation
• GEX favors sideways to slight downside unless AAPL can reclaim 270.50.
• Above 272.50, gamma can flip bullish and price can drift toward 275–277.

Options Trading Plan (GEX-Based)
Bullish Plan (requires reclaim of 270.50)
Contracts:

• 270C
• 272.5C
  Targets:
• 272.50 → 275
  Reason:
Reclaiming 270.50 shifts structure bullish and forces hedging upward into CALL resistance.

Bearish Plan (base case unless reclaimed 270.50)
Contracts:

• 265P
• 262.5P
  Targets:
• 264.50 → 262
  Reason:
Strong negative NETGEX below 267 guides price toward the 262–264 zone.

Final Bias for Nov. 21
AAPL sits at wedge support.

• Bullish only above 270.50 with upside toward 272.50–275.
• Base case: Continued chop/downward drift into 264–262 unless buyers step up aggressively.

Disclaimer
This analysis is for educational purposes only and not financial advice. Always do your own research and manage risk appropriately.

[Nahid Hossen]

Apple is sitting at a crucial level — the next move could set the monthly trend.

[Abdul Khan]

Breakout or breakdown, this zone won’t last long. Big move coming soon.