new Apple product, Megaphone..?

Megaphone or Broadening formation:
A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series of higher pivot highs and lower pivot lows. The chart below shows an example of a classic broadening formation.
https://www.investopedia.com/terms/b/broadeningformation.asp