QuantitativeExhaustion
Long

Apple's Inverted Head and Shoulder

NASDAQ:AAPL   Apple Inc
920 7 25
As you can see an Apple             chart a inverted head and shoulder pattern has formed. The measure breakout for Apple's inverted head and shoulder is 538. If the right shoulder breaks above the neckline sooner than the left shoulder 41 day duration, the breakout could reach as high as 560 before the end of July.

Inverted Head and Shoulder Description
A head and shoulders pattern consists of a peak followed by a higher peak and then a lower peak with a break below the neckline. The neckline is drawn through the lowest points of the two intervening troughs and may slope upward or downward. A downward sloping neckline is more reliable as a signal.

Apple did not carry it's load today when the market reversed quickly. \ Apple was one of my two market bellwethers. If move south tomorrow the likelihood of this pattern reaching it's measured target is diminished.
Reply


420 area has been an area of strong support. IF the market were to roll over and this area is breached, this pattern would mostly likely be null.
Reply
If they start kicking Apple up...then we sould also be seing higher prices on the SP. Due to Apple being the favorite prop-up vehicle for the banksters!
Reply
Watching this one closely along with FB. It is possible that SPX does not correct to the extent that I was thinking. We could very well just flatten up real tight, and that brings with a stock picking game. I see most of the heavily shorted stocks have rocketed such as TSLA, HLF, and others. Now old dogs might get some life like Apple.
Reply
Thank you. Very clear, informative and educational.
Reply
no problem.. thanks for viewing. You also might want to check volume analysis for more assurance.
Reply


Divergence everywhere
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out