cgal - AAPL did put in a lower high (providing a swing short
entry) but it lacks a symmetrical RS for characterizing a valid
HS top pattern. It did form a smaller descending triangle of
the daily chart in Nov/Dec.
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AAPL
AAPL
Posted by cgal1 on 15th of Jan 2013 at 12:00 pm
This looks to me like a monstrous H&S pattern that measures almost 200 points. Am I seeing right?
cgal - AAPL did put
Posted by steve on 15th of Jan 2013 at 12:10 pm
cgal - AAPL did put in a lower high (providing a swing short entry) but it lacks a symmetrical RS for characterizing a valid HS top pattern. It did form a smaller descending triangle of the daily chart in Nov/Dec.