FX.co ★ Technical analysis Apple for May 6, 2022

Apple still needs to break below support at 150 to accelerate the decline to point 13 in Livermore's model (see today's analysis of Amazon for the model). A break below support at 150 will call for a decline towards 113 as point 13 and more downside towards point 14 and maybe 15 should be expected. Point 14 is seen near 91.50.

Pay attention to the key support at 150 and a break below here will accelerate the decline further to 113 in the weeks/months ahead