Great day for the Apple (AAPL) stock, but the weekly still poses some major issues.
Great day for the Apple (AAPL) stock, but the weekly still poses some major issues.
First there is still a full-fledged head and shoulders pattern that is still playing out, and if the weekly chart ever closes below $92, it will be doing so below a MAJOR support level that will likely push price even further - possibly even in the $70's.
Here's the weekly chart:
(Click on image to enlarge)
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