FX.co ★ Patterns #AAPL | Apple Inc. Stock Price
#AAPL H1
Bullish pennant
The Bullish pennant graphic pattern has formed on the #AAPL H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 311.98.
#AAPL M5
Bullish Flag
The Bullish Flag pattern has been formed on the chart #AAPL M5 which signals that the upward trend will continue. Signals: а break of the peak at 309.61 may push the price higher, and the rise will be the projection of the pole.
#AAPL M5
Bullish pennant
The Bullish pennant signal – Trading instrument #AAPL M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 309.61, with the prospect of the next move being a projection of the flagpole height.
#AAPL M5
Bullish Rectangle
According to the chart of M5, #AAPL formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 305.04 and support 304.21. In case the resistance level 305.04 - 305.04 is broken, the instrument is likely to follow the bullish trend.
#AAPL M15
Double Top
On the chart of #AAPL M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 302.26; the lower boundary 298.64; the width of the pattern 362 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 298.42 level.
#AAPL M30
Bullish Symmetrical Triangle
According to the chart of M30, #AAPL formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 303.15/297.76 whereas the lower border goes across 293.42/297.76. The pattern width is measured on the chart at 973 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 297.76 is broken, the price could continue its move toward 298.06.
#AAPL M15
Bullish pennant
The Bullish pennant signal – Trading instrument #AAPL M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 298.01, with the prospect of the next move being a projection of the flagpole height.
#AAPL M5
Bullish Rectangle
According to the chart of M5, #AAPL formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 293.35 – 293.35 and upper border 294.85 – 294.85. In case the upper border is broken, the instrument is likely to follow the upward trend.
#AAPL M5
Bullish Symmetrical Triangle
According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 294.85 and 293.37 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 148 pips. Outlook: If the upper border 294.85 is broken, the price is likely to continue its move by 294.33.
#AAPL M5
Triple Top
The Triple Top pattern has formed on the chart of the #AAPL M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 293.24/293.45 with the upper limit 294.76/294.74; the projection of the width is 152 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 293.24, the price is most likely to continue the downward movement.
