Here is the weekly chart . You can see how Apple failed at the all time high and the pattern is obvious, it can't get more than that. We have a which is enough on it's own, but the next is a no demand bar, used in spread analysis ( VSA by Tom Williams). Value stands at 90$, but with the current pattern I would be surprised to see Apple fall only to 90$, but that's only my guess, and guessing doesn't make you money.
If we go to the daily, we have almost the same candle pattern. The no demand bar has huge , 3 times larger than the average after the stock split. The long day on 03.09.2014 has big too, and that was the first warning signal. The confirmation came yesterday.
doesn't have a particular pattern, but the momentum has been fading for some time. This trade is based more on and price action.
I will close out on the opening what I have left on Apple , and I'll be looking to go short. I believe this is a wonderful opportunity.