Is Apple forming a broadening top? The horizontal lower boundary at 353-354 represents a crucial level for Apple. An island reversal signalled the third top in this pattern in October followed by a small triangle formed on dercreasing volume. The measuring formula from this type of patten should Apple break clearly below 353 is minimum around 280. Unwise to pre-empt this move. To me charting is all about breakouts. But people sometimes do on this pattern.
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