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AAPL Testing Top Of Rising Wedge Pattern

Patience pays. I don't see any reason why this overbought, divergent high won't end like the others which were followed by corrections of ~12 to 31% in AAPL (Apple Inc). Awaiting confirmation of the potential negative divergences via a bearish crossover on the PPO as well as a break below the uptrend line/rising wedge.

AAPL daily May 15th

AAPL daily May 15th

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May 15, 2017 11:59am|Categories: Equity Market Analysis|Tags: |0 Comments

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