Technical analysis Apple for January 24, 2022

The last time we looked at Apple was on January 7. In that analysis we said, that a break below support at 167.47 will confirm that Apple has peaked and point 10 in Livermore's accumulation cylinder was complete and a larger decline now is in motion. The first target to look for is seen at 113.04 from where a temporary revival should be expected towards 138.50 before renewed downside pressure towards 91.46.