SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

$AAPL is at the decision making time now.....there is almost no more room left to move....it finished the week in the 200 Day MA with a very tight descending triangle, which is a bullish set up.

$AAPL has been moving against the market lately and it is usually a sign of where the market is going, so a complete rejection of the 200 Day MA and we need to be prepared for the market correcting too.

$NVDA's powerful move has been able to hold up the market in spite of $AAPL and $TSLA's decline.

But a recapture of the 200 Day MA and a breakout to the upside and the market will finish one more leg up.

I might be a bit optimistic for $AAPL to complete Wave 5 at the 1.27 Fib here at $222....but we will have a better idea within the first few days of this week because a direction will need to be taken by then.

ABC correction has been added with Wave 5 completing at $222.

$AAPL TOP 20

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