FX.co ★ Patterns #AAPL | Apple Inc. Stock Price

The Bullish pennant graphic pattern has formed on the #AAPL M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 281.17.

The Double Bottom pattern has been formed on #AAPL M5; the upper boundary is 277.34; the lower boundary is 273.25. The width of the pattern is 410 points. In case of a break of the upper boundary 277.34, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Bullish pennant graphic pattern has formed on the #AAPL M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 278.99.

The Double Top pattern has been formed on #AAPL M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 267.58 is broken, the downward movement will continue.

According to the chart of M5, #AAPL formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 264.78, the lower border is 263.75. The signal means that a long position should be opened above the upper border 264.78 of the Bullish Rectangle.

The Double Top reversal pattern has been formed on #AAPL M5. Characteristics: the upper boundary 264.70; the lower boundary 263.86; the width of the pattern is 92 points. Sell trades are better to be opened below the lower boundary 263.86 with a possible movements towards the 263.71 level.

The Double Bottom pattern has been formed on #AAPL M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 255.07 is broken. The further movements will rely on the width of the current pattern 60 points.

According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 261.35 and 260.43 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 92 pips. Outlook: If the upper border 261.35 is broken, the price is likely to continue its move by 261.09.

According to the chart of M5, #AAPL formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 260.44 – 260.44 and upper border 261.35 – 261.35. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Triple Top pattern has formed on the chart of the #AAPL M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 259.49/260.44 with the upper limit 261.91/261.32; the projection of the width is 242 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 259.49, the price is most likely to continue the downward movement.