Apple fritters

AAPL 60min

The Fruit is just not making this easy.  There was a perfectly good H&S which I thought might bounce toward the neckline and then break down toward 605.

But nooo, it bounced a bit and then put in a double (triple) bottom near 623.  That's decent support now.

Then today's strong move took out resistance near 647 (pink line).

So, it really ought to go up a bit more.  But it's bouncing right into a metric buttload of sellers in that grey rectangle.

The yellow downtrend line comes in around 660.  The 50dma is 661.  My completely wild guess is that it will stall around there and back off some.  After that, who knows.

My advice is ... leave this one alone except for very quick trades.  I don't expect it to move fluidly in either direction until it sorts itself out.

[ the preceding is a textbook example of "for what it's worth", lol ]