Bite off more than you can chew (AAPL)

30 de jan. de 2022

Massive rising wedge channel from the dotcom bubble. Pair that with a weekly rising wedge and you have the possibility of a double top fake out and collapse. This idea is much more on the speculative side. But the path I drew is my estimation of what will happen. Pair it with the RSI and MACD on the monthly and weekly and you might see why I can see such movements. The market has been fattened. And the bigger they are, the harder they fall.