SimpleStacks

$AAPL Weekly Head and Shoulders 5/12

Short
NASDAQ:AAPL   Apple Inc
Taking a step back and looking at the weekly on $AAPl It does appear that we have a Head and Shoulders formation.

I also see that potential ascending triangle as well but the over corrections speak more to a Head and shoulder rather that a clean resistance.

I have support for $AAPL Marked at 118.50. If we do not see a correction there then I would imagine we will see 115.00 at the least. With That, Most of the tech and growth market is set up in the same way so we could see the rest of the market get dragged down as well.

1st target 118.50

2nd target 115.25

3rd Target 100

Past that F

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