Topping Action on Apple?

After a multi-year uptrend on AAPL, we see some signs of weakness. After the large decline from a few weeks ago, we've had a relief rally. But liquidity remains low in the previous range (lower), and we could see a corrective price return to that range between the 0.50-0.618 next week. Were we to do that, you can see how the head-and-shoulders pattern would form.

But the bottom line is this: If we cannot get above the previous ATH, then you can expect a downmove.