ContraryTrader

Apple pullback

Short
NASDAQ:AAPL   Apple Inc
Rising wedge pattern Identical to what can be seen on the SPY and QQQ 1hour charts


Pullback to 144 is expected move..

Stop loss 152
Entry - Below 150
Target 144


Rising wedges occur when a stock moves up really fast in a short period of time, almost parabolic.

Apple may go higher after bouncing off 144 , depends on the market

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