AAPLApple update. Daily chart.

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. From a supply and demand standpoint – bullish buyers increase the demand for the stock and then the sellers, who shorted the stock, have to buy back their shorts added further fuel to the upside.

AAPL - Apple Daily Stock Chart

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