Apple (AAPL) – 10th Candle Reversal!

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AAPL appeared to have a Tenth Candle Reversal base on the monthly chart. This pattern is bearish and AAPL will probably start retracing to $160 level (61.8% Fibonacci Level).

Weekly chart showed APPL has broken 4 Weeks (1 month) MA & at 12 Weeks (3 months) MA.

Daily chart showed APPL broke 20D & 50D MA support line and currently at the lower band of Bollinger Band. The daily, weekly and monthly charts show the deep correction has started for AAPL.

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