 Good afternoon everyone. This is Melissa with the stocks wish to come and welcome welcome to Apple I'm just doing this tonight to look at Apple because Apple is earnings out. I think it's tomorrow night Yeah, it's tomorrow night after the close. It's a 23rd and You know, I I did an Apple review Before the earnings on this gap and and I'm gonna do the same thing here again now today Same the exact same thing pretty much as I said back in January Uh, interestingly enough the sock has been trading in a range Okay, ever since this movement since the beginning of the year in a range and this has been range bound The overall chart of Apple is in a downtrend many people would not read that this way, but that is what it is It's in a downtrend. So My call for Apple is this on the earnings Most likely gap down gap down on Apple would confirm the overall trend to the downside and should follow through Unlike the gap that happened in January which dropped fell broke and then it's been basing sideways ever since then If Apple gaps down, it'll be real and will actually have follow through unlike the gap in January Which did not fall off a planet Now that being said if Apple gaps up To six hundred dollars. It's an immediate buy and Apple will make new highs this year So it could do anything it was again. I have no idea what Apple's gonna do I said the same thing in January that Apple is too close to a color correction Not to do it and when I said that back in January I said because it did not do it and gap down and Followed through with the trend and did not correct itself and was so close to doing it And by the way Apple was closer to correct correction Before this gap Then it is right now because it was trading up here on the 550 area Okay, so Apple was closer to correcting itself to fixing itself Before the earnings gap in January than it is right now. There's not that it makes a huge difference But it's definitely something to note meaning most likely reaction for Apple is to gap down and That's really gonna be my call if it gaps up to 600 It's a media buy the stock chart is corrected It's back in uptrend and will make new highs this year if Apple gaps down It's lower and my bias my my read on this is that I think it will gap down because I said this in January And it's still an effect that the correction should have happened in January for Apple If it was going to do it it was too close to doing it not to do it and it should have happened then if it was going to happen and there was Confirmation in the gap down in Apple in January Meaning confirmation of the overall trend confirmation that it wasn't going to correct itself This year confirmation that it was not going to do it because it could have done it Then it was so easy to do for to do it then it it all it had to do is get about 50 bucks and it couldn't do it and And again, $70 is not that much for the stock to gap up to between today and tomorrow night If it wants to it's around 531 here in the clothes or so, but I Think it's gonna get up down I think this chart is going to gap down my call is for Apple to gap down But I will say that if Apple gaps up to $600 it's a buy Anything outside of that is not going to be good enough and not going to be correct and not going to be right because Apple's still broken here Charts broken in Apple. It is broken. It's been broken. It is broken and What has not happened yet in Apple is massive selling or Shorting okay, so all of that could come into play in order for it to get back up with 600 It has to get bought and has to get bought heavily and paramount people have to believe in the stock again to buy it to buy it To make it jump up to 600 and and some people already in this long and they have to invest in it more heavily like believe in it have the conviction believe in it and I and I just don't know if that's gonna happen So my bias for Apple here is follow-through continuation of the original trend of this ever since the gap that happened back in September 2012 that Apple continues the downtrending gaps down because it could have corrected itself in January It should have done a correction in January It didn't do a correction in January and that told me a lot it told me a lot I said it when I did the pre earnings call in before the gap in January I said I thought it would gap down and I said that it could gap up to 600 Then it had to and I said it was too close to doing it that it could go either way And it could go either way this time now too But I think the confirmation of the continuing to the downside is real here because it didn't do what it should have done in January was so close to doing and closer than it was today So there it is if Apple gaps up to six hundred dollars buy it buy it's gonna make new highs this year And if Apple does not it's it's you know It's either gonna be a nothing gap or it's gonna gap down and and the gap next gap down It's gonna be real and it's gonna break and it pretty much can gap down anywhere here I don't think though that this is gonna be a nothing gap I do think there's gonna be play in this of that. I feel very certain so They'll be definite playing Apple if the gaps up to six hundred to the upside and if it gaps down It's gonna be playing it too. So I definitely think this is gonna do something of significance Sometimes gaps gap and they're nothing gaps. I don't see that happening here this week with this I think this is gonna be something to do. It's definitely a watch It's a bullish watch or bearish wash depending much what it does and how the gap rates And I don't think it's gonna be a no-play or nothing guy. I think this could do it. All right So this is the pre earnings call on Apple It's April 22nd. Okay. I've no idea. It's gonna do tomorrow. I was gonna trade tomorrow What's gonna do tomorrow, but Apple's still in a downtrend Apple has to correct itself and go to six hundred to be an immediate buy Or Apple's gonna gap down on the earnings and then it's a good short if it rates Well, and I have a feeling it will and it'll follow through and continue the overall trend the selling the mass of selling in a stock hasn't come in yet So there is a lot of potential for this thing to fall off a planet still yet it is Waiting waiting waiting waiting waiting waiting waiting and hasn't really done much of anything since the beginning of the year to be honest So we'll see what it does. I think it's gonna do something though I think it's going to be in play tomorrow night. So watch April after the close April 23rd This is Melissa with the stocks wish calm have a great training day tomorrow everyone Email me if you'd like more information in the upcoming gap class April 26 and 27 My emails Melissa at the stocks wish calm. Thanks everybody. Have a great evening