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Why $AAPL Should Be Monitored Now #trading #markets #technicalanalysis #worden

June 17, 2013

Although $AAPL is forming an Inverse Head-and-Shoulders bullish pattern following a downtrend, it is not the right moment for a bullish confirmation. Best moment will be above the neckline @465 as it stands today. The red area is the price objective based on the pattern measurement.

In addition, the heikin-ashi candles show a downtrend.  Patience is a rewarding virtue…

 

Why $AAPL Should Be Monitored Now #trading #markets #technicalanalysis

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