Shares of Apple Inc., a giant in the development and sale of personal and tablet computers, are moving in a corrective trend at 165.00.

The price is in a correction and a fall is possible.

On the daily chart, a downward correction ended as the fourth wave of the higher level (4), and the fifth wave (5) develops, within which the wave 1 of (5) formed. Now, a local correction is developing as the second wave 2 of (5), within which the wave c of 2 is forming. If the assumption is correct, the price of the asset will fall to the area of 156.00–145.83. In this scenario, critical stop loss level is 180.00.