Apple Failed to Break Out

Apple has been following a perfect wedge pattern since August. Recently it tried to break out of it, without any succes. This rejection signalled a short term decline for the stock.

Consider exiting the short position around the green area, since its close to the trend line and therefore risky.
appleBearish PatternsChart PatternsTechnical IndicatorssignalStocksSupport and ResistanceTrend AnalysisWedge

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