22.12.2022 08:36 AM
Apple is currently sitting on the S/H/S top neckline. Eventually, this neckline should be broken for a continuation lower towards at least 113.08 and likely closer to the 50% corrective target at 91.50 to complete point 13 in Livermore's Accumulation Cylinder. However, even stronger downside pressure should ultimately be expected to fulfil point 14 and maybe even point 15 which time will show.
A break below support at 129.81 will activate the S/H/S top for the decline to 91.50 and likely lower in the longer term.
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