Apple will have a rough holiday this year

Bearish diamond at play here . Entry conformation was today but there's strong support (Purple line) with that split channel at 147.. Target is weekly support trendline but honestly I've seen this pattern play out on Twitter and twitter lost their weekly support (See link). I think we visit the weekly 50sma in the 130's By Xmas

To determine the drop from a diamond pattern you have to measure the width. In this case, the width of the diamond here on apple is 20$.

forextraininggroup.c...rt-pattern-explained