AAPL False Breakout Short

Apple Inc.NASDAQ

Description

⋅ Sep 1, 2021 10:41 PM

AAPL recently broke out of its flagging pattern and had a slight continuation to 155 before a sell off occured making it a bull trap and showing a bearish doji formaiton. This is likely to go back to the breakout level of 149 range.

Trend Analysis Technical Indicators

Comments

MizzouChemRxn

⋅ Sep 2, 2021 3:06 AM

It’s not a false breakout when it’s above the typical range. It’s called a pull back.