Apple took out ATH of $145.09 and closed multiple candles above that level. This completely removes H&S formation out of the picture, and now stock is trending in an uprising channel. Bottom and top trend lines of this channel should be watched closely and eventually price will make a breakout and we either will see acceleration of the price or a correction to the downside.
It’s not out of the question that we will see price below $140, but it looks like stock is trying to test upper trend line first
It’s not out of the question that we will see price below $140, but it looks like stock is trying to test upper trend line first
