$AAPL tried breaking above prior highs again today — third rejection in a row. Clear distribution pattern as profit-takers sell into rallies.
But sellers dry up eventually. If price holds here over the next 1-2 days without a pullback, we're likely pushing higher.
Watch for absorption. If it doesn't break down now, next move is up.
But sellers dry up eventually. If price holds here over the next 1-2 days without a pullback, we're likely pushing higher.
Watch for absorption. If it doesn't break down now, next move is up.