After Apple broke downward from its rising wedge formation it created a descending triangle formation which is a continuation pattern. Apple broke its support of the descending triangle retested the support that now is resistance and looks to have further down side. I'm short on Apple after it retested. However, the short will become invalid above $175.
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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.