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

The Double Top reversal pattern has been formed on #AAPL M15. Characteristics: the upper boundary 229.87; the lower boundary 225.69; the width of the pattern is 440 points. Sell trades are better to be opened below the lower boundary 225.69 with a possible movements towards the 225.46 level.

The Double Top reversal pattern has been formed on #AAPL M5. Characteristics: the upper boundary 229.57; the lower boundary 229.04; the width of the pattern is 59 points. Sell trades are better to be opened below the lower boundary 229.04 with a possible movements towards the 228.89 level.

The Bullish pennant graphic pattern has formed on the #AAPL M30 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 229.57.

The Triple Bottom pattern has formed on the chart of #AAPL M15. Features of the pattern: The lower line of the pattern has coordinates 225.43 with the upper limit 225.43/224.91, the projection of the width is 103 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 224.40, the price is most likely to continue the upward movement.

The Triple Bottom pattern has been formed on #AAPL M15. It has the following characteristics: resistance level 225.43/224.91; support level 224.40/224.26; the width is 103 points. In the event of a breakdown of the resistance level of 225.43, the price is likely to continue an upward movement at least to 224.46.

The Double Bottom pattern has been formed on #AAPL M5. Characteristics: the support level 224.40; the resistance level 225.12; the width of the pattern 72 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 70 points.

On the chart of #AAPL H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 228.83; the lower boundary 221.46; the width of the pattern 737 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 221.06 level.

According to the chart of M30, #AAPL formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 227.14 – 227.14 and upper border 229.71 – 229.71. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #AAPL M15. Forecast: if the price breaks above the pattern high at 229.32, then traders will be able to place a long deal with the target at 229.54.

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 229.32, with the prospect of the next move being a projection of the flagpole height.