$AAPL TOP 20
Added 2025-05-18 17:51:21 +0000 UTCBig talking point over the weekend will be how will the market handle the Moody's downgrade that came in after the market closed on Friday.
It was the first Downgrade in Moody's history on the US, which is remarkable considering they did not catch the '08 Crash or other events but they believe the National Debt issue and Tariffs merit a downgrade on the US's credit rating from Aaa to Aa1.
Crypto does not appear to be taking a bit hit on this news and $BTC has been front running the market I believe, so this can be an indication to us with how the market will handle this information.
For $AAPL, it is at least still in Wave B for me and there has been no test of the 50 WMA at the 0.618 Fib now at $225.
Therefore bulls this week want to see $AAPL hold above the blue line at $200 in order to complete Wave B at the very least to $225.
Comments
Could this be a valid Wave B rejection? Two rejections at .5 fib
Space Bar
2025-05-22 03:07:52 +0000 UTCOn a side note, at least he hasn’t lost trillions selling Apple. A staple in every portfolio…
JZ
2025-05-18 18:01:38 +0000 UTC
