Apple events often produce plenty of excitement without producing an equally dramatic stock move. Much of the foldable iPhone story is already anticipated, so simply confirming what the market expects may not be enough to push AAPL decisively above $330.
At the same time, I would not bet heavily on $310 either. The new product cycle, potential foldable iPhone and AI developments provide enough catalysts to support sentiment unless Apple seriously disappoints on pricing or execution.
The interesting part is that AAPL already touched $330.81 last week before pulling back. That suggests $330 is meaningful resistance, while roughly $310 remains an important downside area.
So my pick is C. I expect volatility during and after the event, but probably more “sell the news, then stabilise” than a clean breakout or breakdown.
Comments