SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

RSI is showing this has topped out in the short term and its showing bearish indications now on both the RSI and MACD, it also lost the 200 Day MA during the week. The 50 Day MA is at the 0.5 Fib level now at $140.50. I expect the pull back to continue, like a lot of charts I will be uploading today, almost all of the RSI's and MACD are showing very bearish indications and almost all look identical....and for stocks like these with such large Market Caps, it does not bode well for the next few weeks for the market.

For Apple, if it does not hold the Fib levels as shown, we could see this move down to complete Wave B in red and into our buy zone.

$AAPL TOP 20

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