Friday, August 21, 2015

[AAPL] update

In this post I called the exact top on AAPL shares in the title of the post.  I've made a couple other potential topping calls on AAPL over the last 18 months but it is not something I do every week.  If an EW model points to a potential top, I call it.  If that call goes bust, it goes bust.  This time the peak held.

A subsequent post provided the model below:




Here is the current chart.  This isn't the end of it folks, it's the beginning.  Stair steps up, elevator down.



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