AAPL has surged +12.17% in just 5 days and +4.84% intraday to $308.63, a move that appears technically overextended relative to fundamentals that remain largely unchanged — AI features are still beta demos targeting fall 2026, regulatory delays persist in EU and China, and a Tata supplier data breach has exposed unreleased iPhone 18 Pro secrets. With the stock approaching the June 2 record close resistance at $315 after a near-vertical rally, and macro headwinds from a dramatically weak June jobs report repricing risk sentiment, a mean reversion pullback toward the $285-$290 consolidation base is the higher-probability near-term outcome. The risk/reward favors a short entry here given the asymmetry between the stock's rapid re-rating and the still-unresolved execution risks on Apple Intelligence delivery.