AAPLApple update. Daily chart. Head and shoulders pattern has been reversed with the action this week.

In the chart we see that the head and shoulders pattern has now been negated as the price moves into all time high territory. Head and shoulder patterns once negated can turn into powerful bullish patterns. This is an uncommonly recognized technical pattern – that of the negated pattern, but a very lucrative one to be aware of.

AAPL - Apple Daily Chart

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