SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

$AAPL is at an important point right now.

Finished the week sitting on its 200 Day MA and just slightly above its 0.618 Fib, making this a strong confluence level.

The 50 Day MA is slightly below at $175 which did provide support at the end of October which helped $AAPL rally from $165 to $199.

So both of these levels should be watching closely this week.

I still have this in Wave 5 and this area now offers a very good opportunity to add once support is confirmed.

$AAPL TOP 20

Comments

The price pulled back in just one wave.. so if it bounce now do you think it’s just a subwave b of the pull back and that subwave c will come and move it lower again? Or if it bounce this week+ the announcement they gonna make the price won’t look back?

Tomer Altman

What do you see as a confirmation - Monday close above 200MA?

TMU


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