$AAPL closed above $150.00 yesterday confirming break out of bullish pennant pattern. Showing strength in today's red markets. Look for $AAPL to test $155.00. After that, there is a high likelihood of the stock bouncing back to the bottom of the channel...
Trade active:
Target: 155.00.
Stop: Close below top line of pennant
Stop: Close below top line of pennant
Trade closed: stop reached:
False breakout...stop hit and closed position early. Downward pressure from the overall market did not help this move today.