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Chart of the Day: Apple May Have Peaked
David Russell
April 2, 2025

Apple has tried to bounce recently, but some traders may think the tech giant has peaked.

The first pattern on today’s chart is the February low of $225.70. AAPL broke under the level on March 11 and has stayed there since. That may suggest old support is new …

For more, please click here to view the related idea and chart analysis on TradingView.

Apple (AAPL), daily chart, with selected patterns and indicators, courtesy of TradingView.

Tags: AAPL

About the author

David Russell is Global Head of Market Strategy at TradeStation. Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.