WallStScalper
Short

Beware "Rotten Apples"... Always Falls From The Tree!

NASDAQ:AAPL   APPLE INC
Barrier triangle.. topping pattern

Yes I know many have feelings for the stock and the company...BUT detach yourself and see it as a spec-instrument like all the others.

I'm not calling that the top was in the 28th of april but if the the latest bear flag breaks down - the last blue supporting trendline will break as well.

This pump'n'dump scheme - almost like a penny stock - that FED and rich men have been running.... is running out of time. The Big Apple             is matured and about to become rotten. I'm not saying it will dump like a rock...just be more than careful to buy into pumpsters Yellen out ... Buy! Buy! Cheap and undervalued!

Ask yourself the following:
Why have we only seen one bear flag after another since 22. of maj?
When was the last time Apple             was under the 100 daily moving average .
In Elliott wave ma 34 and ma13 are used to see the trend. When ma13 crosses under the ma 34 it's also showing a sign of weakness.
So is it too when price is under all well-used ma's as 10, 20 50 and ma100.

If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!

TWUC
@BLawrenceM

Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too

Music at work: Voxhaul Broadcast - "Rotten Apples"
https://www.youtube.com/watch?v=9mmhEWlsuvw
https://open.spotify.com/track/40DxVjlaO7o69Qg92Eg3eK
Wall St Scalper
Kamazing2
a year ago
I learned something new when it comes to analysis. Thank you.
+1 Reply
WallStScalper PRO Kamazing2
a year ago
You are welcome :)
Reply
Welshman99
a year ago
Nice BM thanks. Didn't know about the MA's with EW - it might help me with future analysis so I'll use it thanks.
+1 Reply
WallStScalper PRO Welshman99
a year ago
You are welcome. To be honest. I have no financial interest in Aapl whatsoever. I was just intrigued by the pump and dump chart that today's top author has made. Don't know if it Carl Icahn himself. Just wanted to warn about it.
Reply
28wagram PRO
a year ago
Thanks for sharing the warning, the chart, the rationale, and the useful explanations. I have learnt something new, even though I do not own AAPL. Have a great weekend.
+1 Reply
WallStScalper PRO 28wagram
a year ago
You are welcome Glad i could give you something... :) Have a nice long one too :)
Reply
lpcesar
a year ago
this is the most expensive APPLE that one could buy ... but the only thing I m buying from apple is ITUNES GIFT CARD.
Reply
JohnKeverich
a year ago
AAPL is up to 126 now. Is this a backtest of the neckline or something more?
Reply
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