Apple Inc. (AAPL) has delivered a powerful rally this week, climbing more than 9% from Monday, August 4, through Thursday, August 7. This move has strengthened the bullish case in our Apple stock forecast, with a technical setup pointing toward significantly higher levels — if key price thresholds hold.
Recent News Fueling the Apple Rally
Meanwhile, The Wall Street Journal reported that President Trump exempted major tech firms like Apple from looming 100% semiconductor import tariffs, provided they commit to significant U.S. manufacturing. This exemption effectively shields Apple from a key trade risk while reinforcing its domestic growth narrative.
tradeCompass Apple Stock Forecast – Long-Term Technical Outlook
Bullish Threshold: 213.50 – Staying above this price keeps the bullish structure intact.
From the current close of $220.03 (August 7), the projection targets the 238.50–241.50 price magnet zone. This narrow range is where large institutions and professional traders may take profits or initiate tactical shorts.
If Apple reaches the first magnet zone, the next projected profit-taking levels are:
255.00 – another technical and psychological barrier where selling pressure could build.
Hold until the first target (238.50–241.50) before selling.
Keep 50% as a long-term core holding.
Why This Apple Stock Forecast Matters for Traders and Investors
Maximizing upside potential — staying patient until significant resistance zones are reached.
Even those planning to hold Apple for years can benefit from trimming in overheated zones to redeploy capital into new opportunities, avoiding the opportunity cost of being locked in during sideways price action.
1W: +5.54%
3M: +10.57%
YTD: −11.61%
Short-term momentum and solid 3-month gains reinforce the bullish bias in this Apple stock forecast, but the negative YTD figure shows there’s still room for recovery.
Disclaimer: This Apple stock forecast is for informational purposes only and is not financial advice. Trading and investing in financial markets involve risk, and you should conduct your own due diligence before making investment decisions.Visit investingLive.com for additional, original, expert opinions and perspectives.
This article was written by Itai Levitan at investinglive.com.Hence then, the article about apple stock price prediction bulls eyeing 238 50 even if they retrace to 213 50 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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