jefftan
Long

APPLE : BEGINNING OF A NEW TREND

NASDAQ:AAPL   Apple Inc
229 0 0
Price trudging upwards after a long reversal process.

It has broke the MPL             (Multi-pivot line), for the pattern traders, this is the neckline of a reversed head and shoulders .

We have defined the structure for how the price will behave projecting into the future the potential resistance at wl-1 with ultimate target at ML.

Price may be shy away from the ML as defined by the light blue channel which shows a price frequency shift.

It remains to be seen if price will break above the ML which will clearly put APPLE             back into positive area for a long while.
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