Apple Is Climbing the Fibonacci Channel Ladder – Step 5 Ahead?

6 Jul

On the monthly chart, Apple (AAPL) is steadily moving within a well-defined ascending Fibonacci channel, like climbing a ladder — step by step.

• The price is currently testing Step 4, a zone that has acted as a strong resistance barrier.
  
  
• Despite the pressure here, the structure still appears bullish, and even a minor pullback might simply be a pause before the next move.
  
  
• If momentum picks up, we could soon see a breakout toward the next step — targeting 234 at Step 5.
• The trend remains technically intact unless the channel is broken, and the overall formation still leans toward continuation.
  

13 Ogo

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