AAPL Trade

AAPL is looking like a pretty large top formation.

 MoneyStream on AAPL's daily chart in a leading negative divergence

 3C on AAPL's daily chart, another leading negative divergence.

 On a 15 min chart we see an accumulation zone, note again that support is broken by a small margin, but there was a volume spike there and a positive 3C divergence. Is the pattern starting to become familiar?

The 15 min chart right now has decent confirmation, for now...

 The 5 min chart is showing signs of distribution into higher prices, this is how it happens, they accumulate at a favorable price point and distribute a bit at  time into demand/rising prices.

Today's 1 min chart looks like some profit taking will hit AAPL into the close.

Don't be confused by the positive 15 min chart and the negative daily chart, the longer chart always trumps the shorter chart, but there are always bounces and counter trend moves, especially n the choppy volatility of a top.

I'd be watching AAPL for distribution, especially if the SPY can move north of $135.
At that point, AAPL may set up as a high probability/low risk trade.