The Case for an AAPL Waterfall Event
AAPL on great supports for bulls, but if it fails ...
This is continuation from a March 2022 analysis when we discussed AAPL setting a possible spike high pattern.
AAPL closed the day at 169. Which could be a great support level. A bull pattern completes here, but the nature of the bull pattern very often warns us of capitulation if the pattern fails. Let’s look at the bull pattern, failure levels and downside targets implied if it breaks.
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