Apple - Topping?

Apple - Above I have shown first a log-chart of Apple and below an arithmetic chart of Apple. On the Log-scale it's pretty easy to count the 5 wave rally since the 3.19 low i 1997 to the current high. It's a bit more difficult, but non the less we can count it all-right.

What should be of great concern to holders of Apple is:

1) The almost vertical rise. They never ever end happily

2) The throw over on both charts

So the big question is: "Is the top in place"? In my view as long as we don't break below 513.94 we could see one last high above 548.21, but any break below 513.94 will seal the top and call for a monster correction towards at least 203 (the top of wave 4) and possibly to as low as 78.20 (the low of wave 4).

Protecting holdings in Apple below 513.94 would be a very prudent strategy in my view.