FX.co ★ Patterns #AAPL | Apple Inc. Stock Price

The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 213.00 is broken, the downward movement will continue.

The Bullish pennant pattern is formed on the #AAPL H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 213.30, a further uptrend is possible.

According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 211.06/211.99 whereas the upper border goes across 213.30/211.99. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #AAPL will breach the upper border to head for 212.14.

The Double Top reversal pattern has been formed on #AAPL M15. Characteristics: the upper boundary 208.49; the lower boundary 207.07; the width of the pattern is 132 points. Sell trades are better to be opened below the lower boundary 207.07 with a possible movements towards the 206.85 level.

The Bullish pennant signal – Trading instrument #AAPL M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 210.15, with the prospect of the next move being a projection of the flagpole height.

The Triple Bottom pattern has formed on the chart of the #AAPL M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 202.65/201.61.

The Triple Bottom pattern has been formed on #AAPL M5. It has the following characteristics: resistance level 201.30/200.46; support level 199.64/199.42; the width is 166 points. In the event of a breakdown of the resistance level of 201.30, the price is likely to continue an upward movement at least to 199.76.

The Triple Top pattern has formed on the chart of the #AAPL M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -207, and pattern’s width 331. Forecast If the price breaks through the support level 198.94, it is likely to move further down to 201.98.

The Double Top reversal pattern has been formed on #AAPL M15. Characteristics: the upper boundary 202.25; the lower boundary 198.94; the width of the pattern is 326 points. Sell trades are better to be opened below the lower boundary 198.94 with a possible movements towards the 198.71 level.

According to the chart of M5, #AAPL formed the Head and Shoulders pattern. The Head’s top is set at 202.25 while the median line of the Neck is found at 199.58/199.48. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #AAPL will go towards 199.33.