AAPL-Symmetry?

Looking at the AAPL chart as a long term chart, I have to wonder if we are going to get some symmetry in what looks to be a complex Head and Shoulders top, I'll show you why.

 AAPL on a 5 day chart, each bar represents 5 days so the percentage gains aren't exact to the day, but close enough. Note AAPL gains over 6000% from 1998, probably more if I used a longer chart, during this time volume rises as it should to confirm a solid uptrend. Although recent gains look MUCH bigger, they are actually much smaller, only about 250% since the end point of the measurement from the green arrow, note there's not only a parabolic move which is the type of volatility that we often see right before a top, but also volume is not confirming as it declines in to the parabolic move. Because of the parabolic move, a long drawn out top in unlikely, but a "V" reversal is unlikely also, a tight "U" shape reversal is more in context of the trend.

 On a 60 min chart we can see what appears to be a complex Head and Shoulders top, complex simply means there seems to be more than the typical 1 head and 2 shoulders (there can be many variations on this theme, multiple heads, but usually multiple shoulders. If we count the shoulders in place on the left side, we have at least 2 and the first one may be a 3rd but it's questionable. Don't ask me why, but through well over a century of charting H&S tops, they tend to have some symmetry about 85% of the time. If that holds here, then we might expect 1 or 2 more shoulders in an upward slanting H&S top. Although this may seem to be a large top of 6 weeks or so, in context of the trend on a 5 day chart, it's actually very small and similar to the tight "U" shaped top I would expect from a parabolic move up.

 Many a trader has been fooled by rndom price patterns that look like H&S tops, early on in the recovery off the 2009 lows, there was a H&S formation in price that I didn't agree with, but many traders did, I didn't because volume in such a top is just as important as the price formation. What we look for is declining volume on the rallies and increasing volume on the declines in such a top for confirmation, it is the exact opposite of what you expect to see in a healthy trend. To help you visualize volume at the different rallies and declines in the pattern, I built a custom cumulative volume indicator in white. At the green arrows at what "might" be the first shoulder, volume acts as it should in a healthy manner following the green arrows, it increases on the rally, decreases on the decline. After that you can see rallies see volume falling off and declines see volume increasing, this confirms a H&S top.

So do we have 1 or maybe 2 more right shoulders likely after the head? It's reasonable.

 The 1 day chart for AAPL is definitely negative in a big way and right at the H&S top area.

 The 4 hour chart is leading negative at the same top area.

 The 30 min chart is leading negative, so 3C would seem to also confirm distribution in a top formation which is often short selling.

 The 5 min chart negative off the last right shoulder.

However on a 30 min chart zoomed in, we see the Head at the left, the first right shoulder starting the 26th and a relative positive divergence (because the 30 min's trend is already deeply negative), which suggests to me the probability of another shoulder on the right side of the head being created.

This is not for sure, but I think it's the highest probability and we'll keep monitoring it. If you were to build an AAPL position (I'd stay away from options for now if there's the chance of a shoulder or two coming), shorting in phases at the top of each shoulder would be ideal.