AAPL - entering wave 4?

AAPL is signaling the culmination of a wave 3 extension, suggesting a potential shift in the market dynamics. The recent surge to $195 demonstrated several signs of exhaustion, including a gap up on low volume, a DeMark sequential 9, and a bearish Harami candle pattern. These factors collectively point toward a corrective move.

A retrace to the $170-175 range would be a good entry or reaccumulation point. This price range aligns with the 0.382 Fibonacci retracement level and is backed by strong volume support.

For those seeking a deep value opportunity, the $155-160 range could be of interest, but this price range has lower probability in an uptrend this strong.