goodguy

AAPL: Is the Market about to take a big bite out of the Apple??

Short
goodguy Updated   
NASDAQ:AAPL   Apple Inc
Since 2003 Apple has gone from 23 cents to 138 dollars. Amazing. But it looks to me it is likely ready for a rest. I would not be surprised to see a drop to about 91.If we are starting a vey large market correction then even lower is possible. IF this EWT count is correct then long term there is up action in the future but it could be years away.
Hope your having a great Sunday. Next week may be very interesting.
IFFFF I am right do you think the QQQ will have a big drop as well?. Would like to get your feedback. Thanks.
Comment:
Daily count if your interested. The positive reversal in the daily RSI suggests that short term this count could may be off a bit. So we'll see.

Comment:
see my post from today: AAPL 2 short term views.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.