aapl weekly chart bounce or break?

aapl at inflection point of support/resistance on the chart after creating a weekly higher low will it confirm old resistance as support and bounce or breakdown and make new lows so i am looking for it to hold the 50 ema on the weekly for any possibility for upside if we break that and are trendline support drawn on the chart i will have downside pts at 145 and 138 max pain at 116 (if this abc elliott wave pattern plays out we can see a 1,2,3,4,5 down to are pts) this is a heavy weight stock in spy so check out my analysis on that for context