AAPL Sitting Inside the Box — Which Way Does It Break?
AAPL is sitting inside my PD-15 box this morning, so today’s setup is about patience and waiting for price to pick a side.
When price is inside the box, I’m not trying to predict direction. This is where traders can get chopped up if they force a trade too early.
Today’s PD-15 Levels:
- PD-15 High: 304.98
- PD-15 Low: 302.68
Right now, AAPL is trading around 302.94, which puts price between the two PD-15 levels. That means it is not clean bullish yet, and it is not clean bearish yet. It is still inside the decision zone.
Bullish Plan:
For calls, I need AAPL to close above 304.98 and hold it.
I’m looking for:
- 2-minute candle close above 304.98
- R.Vol at 1.0x or higher
- Retest of 304.98 or the 8 EMA
- Bullish 2-minute confirmation candle from the retest zone
Upside targets:
- 308.87 = Call TP1
- 311.27 = Call TP2
- 315.16 = Call TP3
Bearish Plan:
For puts, I need AAPL to lose 302.68.
I’m looking for:
- 2-minute candle close below 302.68
- R.Vol at 1.0x or higher
- Retest of 302.68 or the 8 EMA
- Bearish 2-minute confirmation candle from the retest zone
Downside targets:
- 298.79 = Put TP1
- 296.39 = Put TP2
- 292.50 = Put TP3
AAPL’s Daily ATR is still wider than normal because last week’s earnings gap is still inside the 14-day lookback. That means the targets have more room built in than usual, so I’m not forcing the move.
The red lines above price are call targets, but they can also act as resistance.
The green lines below price are put targets, but they can also act as support.
For me, the plan is simple:
Above 304.98, I’m watching buyer control.
Below 302.68, I’m watching seller control.
Inside the box, I’m staying patient.
No guessing.
No chasing.
Wait for agreement.
YGO — Study the Levels. Wait for Agreement. Trade with Discipline.
Disclaimer: This idea is for educational purposes only and is not financial advice. I’m sharing my chart breakdown, levels, and trade plan. Always do your own research and manage your own risk.