AAPL, Second Verse Same as the First

Thursday AAPL set up a triangle for a directional move, according to mainstream technical analysis this should have been a continuation pattern that broke out to the upside and continued an uptrend, but in real life, these patterns are used to whipsaw traders as we saw this morning in AAPL coming out of the first triangle. AAPL has formed a second triangle this morning, so watch for more volatility around the apex of this triangle-upside breakouts, then moves below the apex, etc. It should be happening as I'm writing this.

 This morning's second, smaller triangle

Thursday's triangle, today's triangle and a Bollinger band squeeze suggesting a directional move.

Volume will be very important to watch, thus far this morning it's been bearish