Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 10/22/2014, 1 day ago, when the stock price was 102.9700. Since then AAPL has risen by +1.81%.
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.
*This is not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation.