$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.
Tomer Altman
2024-01-07 21:50:22 +0000 UTCTMU
2024-01-07 19:22:58 +0000 UTC