Apple: Market Structure And Key Support Levels Ahead Of Q2 Earnings

Benzinga
2025.04.24 11:05
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Apple Inc. (AAPL) is set to report its Q2 2025 earnings on May 1st. Currently trading in the C5 phase of its market cycle, the stock is expected to test the prior C4 phase low at $164.08, which is seen as a strong support level. Recent price behavior suggests a potential final downward move before a structural shift. Last quarter, Apple reported $124.3 billion in revenue and an EPS of $2.41, with expectations for an EPS of $2.52 in the upcoming release to align with the Adhishthana framework.