The November monthly closure increased the long term bearish odds for Apple. The technical conditions continue to deteriorate and the stock has more chances to continue downwards, possibly after a minor bounce.
In this analysis, I will traditionally evaluate the candles that AAPL formed on multiple frames. We will discuss technical events on different frames and analyze the long- and short-term perspectives with Elliott Waves.
The analysis is part of the @InvestingAngles Series – US and global indices, Precious Metals and Miners, Crypto, Commodities, Currencies, Large Cap stocks.
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