AAPL- has a nice upper wedge set up.
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On a recent trip to the West coast (where rain and snow were not a material hazard), I managed to wear the same set of wedge heels to five meetings.
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The wedge pattern that has been building now looks set to resolve to the downside.
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In the week surrounding Christmas, the market consolidated even more tightly at the breakout level of the wedge pattern, giving traders an even tighter set of stop-loss parameters to measure their trade against.
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