Watch the Rectangle on AAPL closely. Trade with professional charting tools.
Sideways movement between parallel supports.
Bearish continuation pattern.
Consolidation. Can break either way.
Bearish continuation if preceding move was down.
Technical analysis of Apple Inc. (AAPL) reveals a significant setup. With a last close of $255.92, volatility remains active (0.11%). The primary technical feature is a Bearish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $245.51, targeting $208.06 with support near $257.0 (R:R 3.26).
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