SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

$AAPL has been very impressive since the start of November and has pushed higher with ease, it finally met some resistance this week at the 1.27 Fib level at $260 and has finished the week below this level after Fridays sell off.

The 50 Day MA is all the way down at the ascending triangle breakout level at $236, so there is a long way to go for the price action to break below this MA to confirm a reversal, for now, Bulls are firmly in the driving seat but some sideways movement should be expected while the MA's catch up.

No changes to the Wave 5 Target.

$AAPL TOP 20

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