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techcharter

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techcharter

Re: None

Tuesday, 08/01/2017 6:52:15 PM

Tuesday, August 01, 2017 6:52:15 PM

Post# of 51778
The worm in the AAPL

Since July 27 of last week, AAPL has traced out a textbook triangle on the intraday charts. The earnings announcement after hours today certainly fulfills the post triangle thrust expectations. This means AAPL is definitely in a topping phase. There could still be another wave 4-5 combination at a higher degree of trend to take place.



The same triangle pattern is as prominent in the NASDAQ. Similar warning short term and potentially long term.
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