THE AAPL H&S Top, it looks more like the symmetry is 2 shoulders per side, however I never short the initial break of a H&S as they seem to always get shaken out on a volatility run hitting short stops, but the size of the formation is just about perfect for the parabolic move up since 2012 and gives us that U-shape reversal rather than a bigger top.
In this case, the target doesn't need to be as high as $680-$690 as a 3rd shoulder isn't important, just a shakeout above the neckline.
The intraday 1 min chart is just starting to turn up. I'll be looking to piece together a short here in probably 3 parts.
There's plenty of downside so I'd rather just get in than at the perfect area unless that is possible.
Here's what the initial downside should look like.
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