Apple: Upward Channel or Rising Broadening Wedge
Apple is currently in an overall upward trend. It's a range with a series of increasingly taller triple tops, but both the overall low's and high's are going up. However, when drawing the lines, I noticed that it is forming a very slight wedge. If the disparitities between the high and low trend lines increase further, Apple could be bearish. Until then, investors are encouraged to sell while the stock is topping and buy after corrections.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.