PCLN and AAPL

These are two stocks that we talked about yesterday that were breaking out to the upside out of consolidation triangles, I mentioned several times on AAPL and a late day post on PCLN to watch these to break below the apex of the triangle completing a Crazy Ivan, both have done so this morning, AAPL still has the larger triangle from Thursday to contend with, but it's taken out this morning's. As we saw with AAPL yesterday, it's profitable for market makers and HFTs to chop price above and below the Apex, triggering orders and stops, but at some point those orders will dry up and a clearer trend will emerge. Whenever a stock can't hold a breakout, it's never good news. Keep an eye on these two.