Look at multiple time frames, and see:
red 2 down day last Friday
week still a green 2 up, but notice how it took out previous week high(s) and then crawled back close to last week's high
similarly to what
QQQ
and
SPY
did
aggressive (institutional) buying -with likely continuation- tends to close at the high
instead, the weekly has a bit weaker look to it now
IF THIS THEN THAT
IF AAPL will get back into the weekly range
THEN we might see 171 area again ....
red 2 down day last Friday
week still a green 2 up, but notice how it took out previous week high(s) and then crawled back close to last week's high
similarly to what
QQQ
and
SPY
did aggressive (institutional) buying -with likely continuation- tends to close at the high
instead, the weekly has a bit weaker look to it now
IF THIS THEN THAT
IF AAPL will get back into the weekly range
THEN we might see 171 area again ....