SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

Three things to state:

1. Chart looks terrible, very obvious.

2. Buffett has now revealed that he has sold 25% of $AAPL again this quarter and this is likely going to hurt $AAPL tomorrow.

3. The chart has not changed, so far we have a Double Top and the 50 Day MA has now been lost.

Tomorrow will tell us more information but a move down to the 200 Day MA at $204 over the next week or so is not outside the realms of possibility now.

However, the election will decide the fate of the market...so there is a get out of jail card here and I'll discuss this under the $SPY chart.

$AAPL TOP 20

Comments

Can "B" be a new high? Or does that need to start over with a new ABC correction?

slappindabass

Looks like AMZN and TSLA will be holding the market up?

slappindabass


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