Apple Moving Lower for Longer

APPL (1D) - Quick Analysis

Price Chart

Apple's price action has filled it's August gap (White Dotted) and turned lower pushing past the 12, 26, and 50-day EMA's in one swoop. Both RSI and OBV have created trend lines (Yellow Solid) that the indicators look to be respecting with failed retest; as RSI is on the verge of pushing below the 50 level.

What Seems Legit?

This bad boy finally cooling off. It's up 60% YTD. First retest it's 200-day EMA then retest it's major trend line and some good chaos in-between.

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Chart Key
Yellow Solid = Trend Line
White Dotted = Gap Fill
Green Boxes = Supports / Target Areas