AAPL Weekly Update

Overview: let’s review the key points of previous update:

• We should continue higher to complete wave 1.
  
• Bearish Harami on the daily chart.
  
• Lose of hourly ascending channel, supports wave 2 start.
  

Update: we broke down through the hourly ascending channel, but I am struggling to see a complete wave structure for wave 1. This is a nice compression that needs to break to one side soon. I am still going to have the same idea that wave 1 peak is not yet in and this week we should go higher as wave c of (V) of c of 1. I have ~160 as a potential target for wave 1 peak.