Not trying to be a real doomer, but $AAPL may be well interpreted here as a large, macro-scale ending diagonal. I last discussed the long-term cycle on Apple here, and there is reason to believe that not only are we probably ending its 5th cycle (yellow) wave, but also possibly its 5th supercycle (purple) wave. It’s scary stuff.
Been hard to count this stock impulsively, but it counts well as a series of 3-wave moves, all joined together. We can overthrow this but I expect that to be it.
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