for all intents and purposes, T1 on AAPL has now been hit. there is a tiny gap (might even be too small to be seen on this chart) from march 13th, the top of which AAPL just hit. that gap is basically the top end range of my first target (T1) although a added a thin orange line here to show it.
therefore, the good news for AAPL fans is that the decent in AAPL should either stop around these levels (could go slightly lower to the white line) or bounce, at least for today. bad news, potentially, is that AAPL reports tonight after the bell (which of course, could prove to be good news). being that i still have some unfulfilled downside targets on the market as well as AAPL, i’m guessing that the market is not going to like what they hear tonight but of course, we’ll know shortly.
AAPL is now both a completed (T1 hit) and still an active trade and I will soon list some upside targets, which if taken out, would be objective stop levels on the trade and remove it from the active trades category.