AAPL HHHL b/w wma 20 & 50; last tech to fall? ; 3 crucial zones

5 Mei 2022

Did AAPL just made a higher low? It is the only major tech stock that is preventing the index from falling. Will it hold the blue upchannel or be the last one to break down after this FED BULLTRAP?
AAPL is now trading between WMA 20 & the green WMA 50 in this weekly chart. Monitor carefully these 3 impt zones:
1) Yellow Alert Zone: If AAPL holds 155 the WMA 50 & bounces up to break above WMA20 & all the VWAP
resistances, The higher high higher low will be confirmed & the blue uptrend channel will continue.
(Just maybe ABC wave 4 was completed & wave 5 has started?)
2) Red Warning Zone: If AAPL fails 155 the green WMA 50, it has greater chance of breaking below the
upchannel & fall into my 150 to145 Warning Zone.
3) Green BUY ZONE: If AAPL fails both 155 & 145, it will go down to retest 138. This will fall under my
BUY ZONE between 138 to 135 levels.
Note also that in case of a prolonged downturn & consolidation, AAPL may retest the red uptrend line from 2017.
Note that 138 is also the top of a previous wave 1 & the OCT 2021 bottom. If this plays out, the big revised ABC corrective wave will end in a double bottom near 138 & THEN THE FINAL WAVE 5 SHALL START.
Note that the 2022 ABC wave 4 consolidation is a running flat.
Not trading advice. Hope this analysis may help someone make porifit or simply prevent big losses.
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