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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (172)	10/23/2020 3:51:53 AM
From: Bull RidaH	1 Recommendation Recommended By yard_man Read Replies (2) \| Respond to of 4394

An historic symmetrical triangle of epic proportions has clearly formed on Apple Computer's chart, the monitoring of which should be a top priority for all index traders. This type pattern along with its SIZE would ONLY be expected to pop up at the END of a security's bull market. This pattern shown below has the same ferocity of a category 5 hurricane, and will make or break a fund manager's year and probably even career based on how they react to its coming machinations. We've had 4 touches of the triangle lines thus far. I'm expecting a touch of the rising symmetrical triangle line (currently at 111.80) in front of or immediately after earnings. Then a searing rally through the descending line, which will deliver a "measured move" of 48.50 added to the breakout point of that descending ST line. Assuming the breakout occurs upon or shortly after earnings, this will yield a BULL TRAP target in the mid 160's, to be IMMEDIATELY followed by a stunning crash and burn move to $70 / share and eventually lower. Oh... you don't think a whipsaw move like that adding then subtracting nearly 2 trillion dollars in market cap could happen?? Well just watch.... and wait.