$AAPL = Weekly Analysis = 26.12.2022 #AAPL #Apple #markets #fintwit

Apple is on track to close the year with a yearly Bearish Engulfing candle. Apple! Bearish Engulfing! Yearly!!! A closure like this would almost guarantee at least one year of lower prices for the company and the double-digit prices I’ve been talking for many months would not be a big surprise.

In this analysis, I will traditionally evaluate the candles that AAPL formed on multiple frames and the possible candles that would be printed on December 30th. We will discuss technical events on different frames and analyze the long- and short-term perspectives for the stock with Elliott Waves.

The analysis is part of the @InvestingAngles Series – US and global indices, precious metals and miners, oil and gas and other commodities, currencies and crypto, and some large cap stocks.

Previous AAPL Analysis:

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