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AAPL continues to drag things higher


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Or crapotle!

 

Although I think we get another new high on this pig, there is also one bearish option left, even if the odds are low.

 

There looks like what could be a wedge, whose trendline is near the .786. As seen on the chart, during this bounce, the fibs have worked quite well. Anyway, early trading should validate or invalidate this option.

 

 

 

post-350-132986343895_thumb.png

 

 

 

As long as crapotle stays under 514, this idea has a chance. It can go a little higher, but under the 514 favors bears.

 

507-06 below, then the 500 area.

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