BUYBACK AAPL short if hourly price closes above 124.43

AAPL             lost downside momentum and double bottom pattern emerged indicating reversal.
But it has stalled now after shaping the second leg.
Watch 124.43 or 123.90
Nice chart,
Is there a reason the neckline is at 123.90?
aibek matteo.broggini.1
Hello Matteo!
Yes it's a rule, the neckline is located at the peak inside of W shape of double bottom.
Hope I helped you with my answer.
Best, Aibek
Ty, i learned something new
aibek matteo.broggini.1
You are welcome, Matteo!
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