Apple Breaks Out of Base, Eyes Resistance at US$260 (all time high)

Binni Ong
09-24

Apple ( $Apple(AAPL)$ ) Technical Analysis

Apple has been building a strong base since mid-2025 and has now broken above the consolidation range, confirming a cup-like base pattern. The breakout level is around US$247–248, which has now turned into immediate support.

The next key level to watch is US$260 (all time high), which marks a major resistance zone. A sustained move above this could open the door for further upside momentum. On the downside, if price falls back below US$240, it could signal a false breakout, leading to near-term consolidation.

Using DLCs for Short-Term Trading

  • Long DLCs ( $APPLE 3xLongSG261204US$(IPTW.SI)$ ) : If Apple sustains above US$240 and pushes toward US$260, long DLCs could benefit from the upward momentum.

  • Short DLCs ( $APPLE 3xShortSG261006(PODW.SI)$ ) : If price fails to clear US$260 and reverses, short DLCs may be considered for tactical hedging of positions.

  • Note: DLCs are leveraged products designed for short-term trading. They involve the risk of total capital loss, and traders should be mindful of volatility, bid-ask spreads, and position sizing.

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This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.

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