Difficult week for $AAPL and although it maintained its structure, it finished the week just holding the 0.887 Fib, so it has no choice but to hold here or it comes down to the 200 Day MA at $165.
Like I said in my last post, I will be going in heavy if it does go down to this level.
So I have kept my count the same but with the possibility that if the previous low is lost, this will come down to the 200 Day MA, which is also at the yellow trend line.
Reminder, this could be a classic manipulation, jumping on the Chinese ban but it is revenue that matters and $AAPL is launching a new phone and other products next week on the 15th.....they could give excellent guidance too for their sales.
So if this goes to $165 before the 15th, it is a buy and hold.
Gareth Neary
2023-09-10 01:48:37 +0000 UTCMing
2023-09-10 01:46:05 +0000 UTC