SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

Two important charts for us to follow is $AAPL and $MSFT right now because both of them I believe are in their ABC correction, with $AAPL in Wave B now and $MSFT deep into Wave C

These two are legacy market leaders so it is not a surprise to see them front running the market.

Both have not done anything particularly wrong, $AAPLs growth is not great but they have been here many times before and have always recovered, their valuation is slightly on the higher side right now so with tough macro influences on the market, it has been feeling the pressure as smart money has moved out of heavily linked Mega Caps to the US market.

I will be watching for $AAPL to test between the 200 Day MA at $229 and the blue line at $237, a rejection here and Wave B is complete for me and Wave C will then be confirmed.

$AAPL TOP 20

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