OTMOneToMillions
Short

APPLE SHORT

NASDAQ:AAPL   APPLE INC.
Despite Apple being the first company to hit a $1 Trillion Market Cap it has found itself overextended. The fact that all Apple had to do was hit $207 to complete the goal of being the first company to hit a $1 Trillion Market Cap was all that was needed to push the stock up $5. Apple has made a new high with this I am expecting a pullback to make a new HL and or even a LL. Apple has blown right through a physiological number $200 while doing that Apple has broken resistance at $195.95 with no retest. Apples last impulse leg came in on at the .382fib retracement with that being said I will be on the lookout for a possible cypher pattern that may lead into a crab which will cause Apple to make a LL that can possibly cause a LH sending Apple to turn over from this point on. Apple is also on its third drive of a three drive pattern in which I will play it down to the first HH of the three drive pattern. There is also Bearish Divergence coming into play
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