AAPL Wedge Within a Wedge Wait for Move Either Way

22 בדצמ׳ 2015

Apple is in a falling wedge (trust me, the lines aren't random and work on multiple time frames), but for the last two days there's been a rising wedge. While there may be a decent rise in the future if/when AAPL breaks up out of the falling wedge, it may reject the wedge and bounce down to 105 in the next two days. It will be important to wait and see if AAPL is going to breakout tomorrow/Thursday, or if it will break down to approximately 105 one more time before attempting to breakout again