Apple Inc
Short

Apple - Another Top?

454
Apple has been treating the fib channel levels magnetically! Some of them repel and some of them attract and it oscillates about them.

This does seem to be a local top approaching, complete with a nice exhaustion gap overnight. Look for this gap to fill as a sign the top may be in. We could see that overnight tonight, which would make for an "island reversal" pattern... I think those are cool :)

Bullish Sentiment to keep in mind: a quick pull back after an attack on the resistance vector, to re-charge and attack it again, will likely succeed and we will go for new ATH.

Also Keep in mind the grey support vector from Sep 21 - Nov 2 is fresh, and won't crack on the first test.

Is this entire formation from Sep1 just a huge bull flag continuation pattern?

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