Apple stalls with 3 inside days

While the market continued higher the last three days, Apple (AAPL) stalled with three inside days. This stall comes after last week’s wedge breakout, which is still holding. A move below last week’s gap (252) would negate the breakout.


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Comments

[leo rathnaw]

i had not heard the term 'inside days' before. i graphically see what is being talked about. what is its significance as far as determining market direction?

Art's Answer: Inside day(s) reflect a consolidation. The direction of the subsequent breakout provides the first directional clue.