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AAPL July 2024 Market Top

AAPL July 2024 Market Top

Summary

AAPL topped out in July at the end of an ascending channel. At first it appeared that the stock had only temporarily stalled, but as time progressed and bearish candle after bearish candle occurred, it became clearer that the stock was up against resistance. Resistance lines drawn from its highest candle on 7/15 and at the bottom of the falling window that occurred just days later on 7/17 were tested multiple times throughout the rest of the year.

Key Patterns

7/17 - Falling Window 📚

8/29, 10/15 - Gravestone Doji 📚

10/21 - Tweezers Top 📚

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