Apple Inc

$AAPL Double Top Or C&H Breakout?

295
Shares of apple have pushed up to the previous high and now have started to pull back off of that level. I see two potential outcomes here. Either Apple forms a handle before breaking out and moving higher, or we could continue to pull back off of the high and potentially push much lower if this is indeed a double top. I would proceed with caution when trying to go long here, as AAPL is extended off of the moving averages and that double top is probably pretty likely. Good Luck!

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