Apple has been treating the fib channel levels magnetically! Some of them repel and some of them attract and it oscillates about them.
This does seem to be a local top approaching, complete with a nice exhaustion gap overnight. Look for this gap to fill as a sign the top may be in. We could see that overnight tonight, which would make for an "island reversal" pattern... I think those are cool :)
Bullish Sentiment to keep in mind: a quick pull back after an attack on the resistance vector, to re-charge and attack it again, will likely succeed and we will go for new ATH.
Also Keep in mind the grey support vector from Sep 21 - Nov 2 is fresh, and won't crack on the first test.
Is this entire formation from Sep1 just a huge bull flag continuation pattern?
This does seem to be a local top approaching, complete with a nice exhaustion gap overnight. Look for this gap to fill as a sign the top may be in. We could see that overnight tonight, which would make for an "island reversal" pattern... I think those are cool :)
Bullish Sentiment to keep in mind: a quick pull back after an attack on the resistance vector, to re-charge and attack it again, will likely succeed and we will go for new ATH.
Also Keep in mind the grey support vector from Sep 21 - Nov 2 is fresh, and won't crack on the first test.
Is this entire formation from Sep1 just a huge bull flag continuation pattern?