Apple AAPL
It took 18 months for Apple to double from the low at 91.5 to
a highs at 180-183 before a 16% decine to 150 (WD Gann
would have loved this stock as much as GE, probably;)
Like FB, Apple has closed out the week sitting on top of
the structure to its left. And in classical fashion, if the
165-164 levels fail to hold from here it's then likely Apple will
fall away further, to 160 initially and then, after a bounce
there, back to 155 and to 150 at lowest, most likely. Look to use
any further weakness here in the early part of the week as a
potential near term buying opportunity
It took 18 months for Apple to double from the low at 91.5 to
a highs at 180-183 before a 16% decine to 150 (WD Gann
would have loved this stock as much as GE, probably;)
Like FB, Apple has closed out the week sitting on top of
the structure to its left. And in classical fashion, if the
165-164 levels fail to hold from here it's then likely Apple will
fall away further, to 160 initially and then, after a bounce
there, back to 155 and to 150 at lowest, most likely. Look to use
any further weakness here in the early part of the week as a
potential near term buying opportunity