I have been tracking apple using both a trend line and head and shoulders pattern. First, Apple broke the trend pattern demand line significantly yesterday. That sets off some warning flags for me. Has apple's bull run come to an end? Maybe it has finally hit oversold and headed sideways until the end of the month?
Second, for fun I have been tracking Apple using a head and shoulders pattern. Got some flack for it the other day, but the pattern looks like it may be a good fit. Next few days will give us a clue. Could just be folly analysis.
Second, for fun I have been tracking Apple using a head and shoulders pattern. Got some flack for it the other day, but the pattern looks like it may be a good fit. Next few days will give us a clue. Could just be folly analysis.