Apple has declined 11.2% since December 26, 2024. As Apple continues to decline, the press will provide various excuses to retail investors. The press will never mention anything about Market Makers selling (distributing) big blocks of stock to institutions. Reviewing the 2024 – 2025 chart below, a continuous move upward would have been expected using an ascending triangle. There was some 2024 year-end big block selling. But, since then extremely large (7 figure) block trading activity started to increase as the stock dropped below its ascending triangle.
The current Apple chart structure and ascending triangle is a repeat of 2012, as shown in the second chart. Since Apple is 14th in the Dow’s weight ranking list, a decline should not have a dramatic impact on the index. With a mid-ranking weight Dow stock, a slow but steady decline, and the media continuously saying markets will move higher, retail investors are expected to end up with a loss.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
