LiveRamp's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu.

Thursday, Apr 24, 2025 10:40 am ET1min read

According to the 15-minute chart of LiveRamp, the Bollinger Bands are expanding upward and a bullish Marubozu pattern has been observed as of 10:30 AM on April 24, 2025. This indicates that the market trend is being driven by buyers, who are exerting control over the market, and bullish momentum is likely to persist.

Apple Inc. (NASDAQ: AAPL) has shown signs of a short-term trend reversal, rebounding from a long-standing demand zone near $170–175 and reclaiming key technical levels. The stock is currently trading near $205, challenging the breakdown zone from earlier in April, with bullish momentum building across multiple timeframes [1].

On the daily and 4-hour charts, Apple has formed a series of higher lows and is attempting to break out of a descending trendline that stretches back to the all-time high. Immediate resistance lies around $207.12, with a clean daily close above this level likely opening the path toward $214.32—where the 100 EMA and downtrend line intersect. Further resistance is expected near $221.76, marked by the 200 EMA [1].

Short-term indicators support the rally's continuation but warn of volatility. The 15-minute and 1-hour timeframes show price trading above the 20 and 50 EMAs, confirming bullish momentum in the short term. Bollinger Bands have widened on the 4-hour chart, and the price is hugging the upper band, often signaling continuation if supported by volume. The MACD has also shown a bullish crossover on the 4-hour chart, and the RSI stands around 58, indicating strength without being overbought. However, the stochastic RSI is near 80, suggesting that intraday pullbacks are possible before another leg higher [1].

Volume analysis from the 15-minute and 4-hour charts suggests the recent breakout is backed by institutional participation, especially with price surging past $199.35—now confirmed as short-term support. If Apple holds this level through the April 24–25 sessions, technical traders will likely target $214.32 and, in extension, the $230–237 range over the coming weeks [1].

According to the 15-minute chart of LiveRamp, the Bollinger Bands are expanding upward and a bullish Marubozu pattern has been observed as of 10:30 AM on April 24, 2025. This indicates that the market trend is being driven by buyers, who are exerting control over the market, and bullish momentum is likely to persist [2].

References:
[1] https://tradersunion.com/news/financial-news/show/228964-apple-stock-price/
[2] LiveRamp 15-minute chart as of 10:30 AM on April 24, 2025

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