Apple Stock Surges on EU Regulatory Resolution

Apple's stock price has surged to $318.46, up 2.61% on the day, after resolving a dispute with the European Commission. The resolution removes a regulatory overhang for Apple in Europe and fuels optimism for future digital revenue from the region.

The company updated its app payment systems in the EU to meet local regulations and broaden opportunities for digital services revenue. This change has increased confidence among investors that Apple's European operations will continue uninterrupted.

AAPL is positioned above its MA-20 but remains below the MA-50 on the H4 chart, while staying well above the MA-200 on the daily timeframe. The stock is expected to trade within a volatility band of $313.76 to $323.16 over the next two to three trading days, with a bias toward further upside.