Apple VCP Pattern
Apple is developing a textbook VCP pattern since Sep. Trading volume decreases with contraction in volatility. None of the dips are making new lows with significant volume.
Short-term MAs are moving sideways whereas the long-term MAs are in a clear uptrend.
Good time to consolidate a base while waiting for a breakout
Short-term MAs are moving sideways whereas the long-term MAs are in a clear uptrend.
Good time to consolidate a base while waiting for a breakout
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