$AAPL is one of only a few Mega Caps that has confirmed its correction and has comfortably completed its Wave A to its 0.5 Fib, bounced as expected for Wave B and I believe this has been running out of steam since its aggressive bounce post earnings.
Bulls will like that the price is above the 50 and 200 Day MA and a further bounce up to the blue line can still be valid for Wave B but I believe Wave C needs to complete next, earnings sales showed a clear concern but it was saved by an enormous $110 Billion share buyback program.