Strong false breakout on Long Island Iced Tea/Long BlockchainLong Island Iced Tea recently changed it's name to Long Blockchain and in the process caused a huge price spike. This move broke previous strong support level around 6 USD.
As price returned as sharply as it broke it has now retrace back below the 6 USD level. This could be a strong fake breakout reversion. Potentially this could go to 4 USD and beyond.
Island
APPLE: AAPL Island reversal from top still unfilled = vulnerableAPPLE: AAPL Island reversal from the top has still not been filled - so this stock is still vulnerable to sell offs on each rally for now. The entire formation at the high is is a minefield of pin bars. Leave this stock alone until the technical picture improves