AAPL likely to set new all-time highs; faces resistance near $350 in short/medium term.

Now, finally with Apple. A note from Goldman Sachs this morning also mentioned that Apple is developing AI inference servers built on the new M8 Ultra chip . Not the M5, but the M8 Ultra chip that will begin working on with Nvidia for its development.

Therefore, Apple will return to the server business.

Look at this Apple graph. Actually, let me go back a little to explain what's going on here , because that's the nature of this show, okay? You can see this ascending parallel channel dating back to January 2000.

In 2023, the price reached its lowest point, then its highest point, then broke through this bottom with the announcement of Liberation Day in April 2025, then returned to the top again, reaching the 50 level, and since then it has been fluctuating above the upper limit of this parallel line with attempts to break out of it.

Now, where could the price go next? Clearly, there is a potential destination, and perhaps a near-term resistance level, coming through these candles and settling in this range around $350.

But, back to the daily timeframe , what is this, guys? This is a breakout, then a bounce, then a pause, then a bounce, then a bounce for Apple stock. So, as you can see here, it's a good attempt by Apple to stay above this parallel channel.

Its all-time highs are not far off. In fact, we filled that gap today from the candle that had recorded its previous all-time high . This suggests that Apple is likely looking to set new all-time highs .

Once again , we are facing resistance near the $350 level in the short to medium term.