AAPL- Time to Invest?

I think that AAPL is not quite as innovative under this CEO, but he is steering the ship through some waters that will add some bigger numbers on the bottom line. While the watch is not as big as they thought it would be, people are really on board with the new Iphone 6 and the sales numbers back that up. So with that in mind I give you two charts:

Lets look at the techs above. The williams, or the tech on top of the Apple candlesticks, is topped out and showing overbought. Underneath the candle chart is the ADX chart. The thick black line is not yet sub 12 in reversal territory, it is still at 21. The bottom indicator is still showing green cross over red, which is positive. However looking at the timers of these indicators is showing a short term top, as in there is going to be a bit of a pullback short term. But will Apple grow longer term?

As you can see from the above chart, Apples stock is looking more attractive from a medium term standpoint with the P/E ratio falling below its stock price. While I cant advise on a park your money situation for a couple of years, I can advise that you wait for a pullback in the market then purchase and hold for a few months and then reevaluate from there.

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