This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Main DownSide Trend - 132.84 (2015/07/20) & 123.60 (2015/11/04) - BreakedUp 2016/08/01
The question i am asking myself is: "Are all bearish formation are processed - and be left behind ???"
the SellOff day in August`15
the selling pressure in january`16
the trendreversal in hune`16 & july`16
the DownSide Gap in ...
TRIANGLE PLAYING OUT. break may happen either side. GO SHORT WHEN RED LINE TOUCHES WITH STOP LOSS. Buy when price touches Green line (one lesser degree from 2004 support line), so plan to dump when needed. Go deep short if it fails to break the ultimate red line from the 2015 top. Using options strategy carefully.
My last call on AAPL was a fakeout, this is in fact is an actual confirmed breakout after a fully consolidated flag patterm, simply get short and have a tight stop as instructed on the screen with the color coordinated boxes