AAPL Price Hinges on iPhone Event as Coiling Pattern Builds Momentum

The price of AAPL is currently at $316.25, with momentum in a dead-flat standoff as the market holds its breath ahead of the September 9 iPhone 18/foldable event.

This coiling pattern is classic behavior before a known binary catalyst, and given the macro setup, the direction is more likely up than down. The RSI at 53.86 sits just above mid-range, refusing to give bears a legitimate entry signal, while the price hovering at 0.72 on the Bollinger Band scale means it's tracking comfortably above the midline toward the upper band at $321.79.

The September 9 event is expected to be a high-stakes catalyst, with Apple set to unveil the iPhone Ultra alongside the iPhone 18 Pro and iPhone 18 Pro Max. If the stock clears immediate resistance at $320.63 with any conviction, there's a clean air pocket toward strong resistance at $325.01.