| The company that's already worth over $3.5 trillion? But hear me out, because both the charts and Wall Street analysts are telling a compelling story. First, let's address the obvious. AAPL is currently trading near its 52-week highs, hovering around $234. But here's where it gets interesting... Evercore just added Apple to its Tactical Outperform list, maintaining an Outperform rating with a whopping $250 price target. Analyst Amit Daryanani believes Apple is well-positioned to outperform against low expectations in the September quarter and, more importantly, on December-quarter guidance. Daryanani notes that sentiment on Apple has turned more bearish in recent weeks, and buy-side expectations are likely lower than current consensus estimates. This sets up a classic "beat and raise" scenario that could drive the stock higher. And while that sounds good. I tend to make my trading decisions based on what I see in the charts. So let's dive into the technical setup that's got me excited: - Fresh Squeeze Alert: AAPL is displaying a new squeeze on both the daily and weekly charts. For those unfamiliar, a squeeze is like a pressure cooker of market momentum. It's a period of low volatility that often precedes a significant price move. When this pressure releases, we frequently see explosive price action in one direction or the other.
- Stacked EMAs: The Exponential Moving Averages on both the daily and weekly timeframes are beautifully stacked and pointing upwards. This formation is like a bullish escalator, with each EMA acting as a support level for the ones above it. It's a robust indication of upward momentum across multiple time horizons.
While I primarily focus on technical analysis, it's always reassuring when the fundamentals align. Apple's upcoming Q4 earnings report on October 31st could be a significant catalyst, especially given the low expectations Evercore has highlighted. Now, I'm not suggesting AAPL will skyrocket overnight. But with this technical setup, Evercore's bullish stance, and the potential catalyst of earnings on the horizon, this could be a stock to keep a close eye on. Your Action Plan: This setup has all the hallmarks of a Power Blitz trade. I wouldn't be surprised to see AAPL testing Evercore's $250 price target in the coming months. I don't have a position yet, but if I decide to trade it, I'll likely use options to maximize potential gains while limiting risk. Remember, in trading, timing is everything. AAPL seems to be positioning itself for a significant move, and now you're aware of what to watch for. Want to see how we spot setups like this in real-time? Join me for the first-ever AI Power Blitz! Monument Traders LIVE! is inviting you to join me on Thursday, October 17th @ 2PM EST during this special event. Over the past year, I've scored massive wins of 100%, 287%, and even 1,129% within DAYS during my week-long and single-day trading blitzes. But during Thursday's AI Power Blitz, I plan to use my AI-powered scanner, S.A.M., to hunt down explosive trade setups within just a two-hour window! This is your opportunity to: Look over my shoulder as I demonstrate how to use the power of AI to spend LESS time finding explosive trade setups Get an inside look at how my proprietary AI tool works Watch as I search for REAL, actionable trades... LIVE! PLUS: You'll get the very first look at some innovative NEW features that will forever change how traders find MASSIVE trades. All of this is happening FOR FREE and will be streamed LIVE inside the Monument Traders LIVE chat room on Thursday, October 17th @ 2PM EST. Add event to calendar      
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