{"id":14226,"date":"2012-09-18T11:37:03","date_gmt":"2012-09-18T18:37:03","guid":{"rendered":"https:\/\/brookstradingcourse.com\/?p=14226"},"modified":"2019-10-13T10:19:18","modified_gmt":"2019-10-13T17:19:18","slug":"top-in-aapl-on-monthly","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/stock-market\/top-in-aapl-on-monthly\/","title":{"rendered":"Top in AAPL on monthly, September 18, 2012?"},"content":{"rendered":"

\"AAPL<\/p>\n

I posted this on BrooksPriceAction.com on September 18, 2012.
\nAAPL Top<\/a><\/p>\n

AAPL obviously is in a huge bull trend. However, it is at the top of a monthly channel and is trying to break above a steep bull trend channel line. That works about a third of the time. 67% chance of a Failed Breakout within a few bars (months) and reversal down to the bottom of the channel. TBTL on the monthly chart is about a year, so about a 67% chance of SD for the next year. I don’t know if this is the top yet, but odds favor a top soon.<\/p>\n

Since it is the most important stock and a leader, this could lead to a correction of the entire market. The exceptional rally over the past couple of weeks can lead to a top. No sign of a top yet, but might be topping out soon, at least for a month or two, despite the Fed easing.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

I posted this on BrooksPriceAction.com on September 18, 2012. AAPL Top AAPL obviously is in a huge bull trend. However, it is at the top of a monthly channel and is trying to break above a steep bull trend channel line. That works about a third of the time. 67% chance of a Failed Breakout […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[162],"tags":[161],"class_list":{"0":"post-14226","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stock-market","7":"tag-aapl","8":"entry","9":"has-post-thumbnail","10":"override"},"featured_image_src":null,"author_info":{"display_name":"Al","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/albrooks\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/14226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=14226"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/14226\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=14226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=14226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=14226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}