AAPL: bullish Cup ‘n’ Handle update.

Sun 28th Sept

I first wrote about the potential for a bullish Cup 'n' Handle pattern setting up on Apple stock back on the 14th September. The article can be found through this link. Apple stock is still consolidating within the 'Handle' of this pattern for the time being and traders need to watch the trend lines here for either a bullish or bearish breakout.

AAPL weekly showing a potential bullish Cup 'n' Handle pattern setting up:

aaplweekly

AAPL daily: showing price still consolidating with the 'Handle'. Note the change in trend lines here though; the handle is more like a triangle pattern:

AAPL