FX.co ★ Technical analysis Apple for September 21, 2022

Apple continues to follow Livermore's Accumulation Cylinder. We have been looking for a move lower towards point 13 and the expected decline seems to be well under way. Ideally, Apple will decline to test 113 and maybe even closer to the 50% corrective target near 91.50 to complete point 13. That said, looking at Livermore's drawing we can see that point 13 is only a temporary stop on the way lower to points 14 and 15.