As you can see from the chart, Apple may have completed the first part of the Elliott Waves pattern. The first part is made of the 1,3,5 impulsive waves and the 2,4 corrective waves. This pattern is confirmed only if the price doesn't break the resistance higher. Anyway, every action is always followed by a reaction.
The informations and the strategies discussed are strictly for educational and illustrative purposes. They are not a recommendation to buy, sell or trade any securities.