AAPL: Week of Dec 18AAPL is actually a short next week, imo, at least for pullback.
It was pretty transparent on Friday, not participating in the rally and struggling to maintain the bullish condition.
That said, I don't think it will spend the whole week bearish, but I do think we may snag those low targets at some point this upcoming week.
If we look at the Heikin Ashi chart we can see the ascending wicks on the 2 hour chart, putting the TP at around the second forecasted low target:
As always, I could be wrong so watch those conditional levels, but this one is a pretty clear setup and AAPL is clearly losing bullish momentum.
Safe trades!