Shares of apple have pushed up to the previous high and now have started to pull back off of that level. I see two potential outcomes here. Either Apple forms a handle before breaking out and moving higher, or we could continue to pull back off of the high and potentially push much lower if this is indeed a double top. I would proceed with caution when trying to go long here, as $AAPL is extended off of the moving averages and that double top is probably pretty likely. Good Luck!
