Apple is coming down from 2022 highs, but drop is in seven swings so can be a corrective move that is now coming down into interesting support at $110-$120.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
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