Apple shares heading into 20 week peak; Baidu short on table

Two tech stocks will converge down

Nothing holding it back from where it is now at 214.50 it's only been about 90 days since the beginning of this 20-week cycle and the previous pivots from shorts allow a clean horizontal break out here. If there are indications of any kind that there's a lot of buying this week… best to look into it as the bull trend will continue and I feel good about it here. Using a 1 percent stop for 2.5 percent gain minimum to that peak in this E interaction if it starts showing buying.

EDIT: 1230 EST Sat Aug 2

The market went down instead of up, last week, indicating 20 week peak is in…here is what might happen next as price goes into the 20 week cycle low in August as depicted by the red pen:

The market seems to be lengthening and bullish bets are off for now. Another to take a look at is BIDU 0.00%↑ for a short, possibly landing in a 20 week cycle low around 70’s:

GOOD LUCK

DEREK

EDIT: August 10 2025

Market achieves its goal with breaking of 80 day downsloping VTL on Friday.

Take the two previous peaks in the last 120 days; breaking that upwards confirms … yes, you guessed it, a new 20 week cycle has started. A break above that high from last week’s post date was the best entry.