AAPL| The $317 Target In Sight—Our ABC Call Plays Out Perfectly!

By analyzing the #AAPL chart on the Daily timeframe, we can see that price has followed the exact scenario we mapped out in our previous analysis almost to perfection.

A week ago we called the pullback into the Flip Zone, identified the completed ABC correction, and set our sights on the buy-side liquidity overhead — and now, price is knocking right on the door of that target.

You can revisit the original breakdown here:

📊 Daily Timeframe
As we highlighted before, price tagged the upper Order Block, failed to hold, and dropped into the higher-probability Flip Zone ($274.84 – $287.25), lining up perfectly with the 0.5 equilibrium at $281.41. That pullback completed as a clean three-wave ABC correction — wave (a) down, the (b) bounce, and the (c) tap into the Flip Zone and the liquidity ($$$) resting inside it.

From that exact zone, buyers stepped in with force. Price printed the bullish reaction we were waiting for and has since ripped higher, currently trading around $312.66 — now just a hair below the buy-side liquidity (BSL) target at $317.36. This is textbook: react from demand, complete the correction, and drive into the liquidity above.

🎯 The Bias
The plan is playing out cleanly. As long as price holds above the Flip Zone, my expectation is for a final push into the BSL at $317.36 — a level that also sits just under the 52-week high at $317.40, making it a magnet and a battle zone at the same time. A decisive break and close above it would open the door to fresh highs and continuation, while rejection there would be natural given how far price has travelled. The whole bullish structure stays valid above the Protected Low at $243.04. For the full original roadmap that set this all up, check our previous idea linked above 👆

📰 Fundamental Backdrop
This move higher is backed by a genuinely strong run of catalysts. Apple reclaimed the $300 level with a powerful ~4.6% surge on July 2, driven by reports it's in talks with Chinese memory chipmakers (CXMT and YMTC) to secure supply amid a global memory shortage — a move aimed at protecting margins as component costs spike. On top of that, Broadcom just announced an expanded partnership to supply Apple with custom ASIC silicon through 2031, reinforcing the long-term hardware roadmap. Attention now turns to fiscal Q3 earnings on July 30, where margin guidance and the first read on iPhone 18 demand (plus the anticipated foldable) will be the key catalysts. With analysts pointing to average selling price increases driven by AI features, the fundamental tailwind aligns neatly with the bullish technical structure — though the earnings print remains the next major test.

This analysis will be updated as the market evolves. If this breakdown added value, drop a like 👍 and a comment 💬 to support the work — and share where you see Apple heading next! Best Regards, BigBeluga 🐳