Nathanael

AAPL forming possible double top?

NASDAQ:AAPL   APPLE INC
Unless someone can count otherwise, I feel like AAPL             (and a lot of other blue chips in this market) are on their last legs.

Since the ATH             in october last year, I believe we have been in an ABC correction, and we are currently on wave B.
Now within this wave B, which started around may this year, we started off with a zig zag move up.

It looks like we are currently on an extended wave C and have a little more to go before back down, but would not invest LONG TERM at all here. We might even go past the ATH             , but its too risky in this market IMO (unless you day trade)

good luck all
Futuraman PRO
2 years ago
Very nice indeed.
Reply
Nathanael
2 years ago
Looking pretty sketchy up here now....
Reply
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