Apple baked p(high)

Apple is a simple one here - it's running out of momentum, the volume is ascending lower as the price moving higher. The new high level here will be a monthly 3 in Elliott terms and therefore we can expect a nice correction.

The stochastic agrees - the monthly has a little to go but it's a slow grind up, the weekly stochastic is now in the overbought zone.


So not much more to say on this one.

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