Okay, I'm doing something a little different here for Apple earnings – showing you my 60-minute chart with a quick take on where I see things headed.
Apple Ticker AAPL / Thu May 1, 2025 / 2:30 PM Eastern Time / 60 MINUTE CHART
My outlook is for shares to trade higher from current levels seeking to $217.23 by end of day Friday. That's based on a 60-minute forecast derived from my Lost Forecasting Trading System techniques.
Note that this forecast is sandwiched between two other levels: $216.23 and $218.41. The $218.41 is a resistance level based on the methods I teach in the Four Zones RSI Coverage System. The $216.23 is a recent Price High.
On the flip side, if shares trade lower from current levels in the short term, the most important support is at $206.67. If there's a push below that level, I'd watch out for weakness towards $198.00.
This is basically a very short-term outlook to cover the next few days of trading. I will not provide further updates on it. However, I do provide day-to-day updates on the E-mini S&P 500 futures, of which Apple is the biggest component. You can get those by joining my S&P Edge Pro service.
I'd love to know if this new style of update helped either comment on our website or reply back and let us know.
And as always, be careful navigating earnings announcements!
~Hima
PS Want to catch up on my blog posts including chart analysis and broader trader education? You can do so by visiting himareddy.com/blog anytime!
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