Apple has always been bullish all this while Based on the chart, what looks like the head and shoulder pattern has been formed .  recently, Tesla went through a correction to $241 range after this pattern was spotted.  What Is a Head and Shoulders Chart Pattern in Technical Analysis? A head and shoulders pattern is used in technical analysis. It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest. The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original

Due to the long holiday in US, stocks retraced a little on Friday. Vix  and vvix index are generally at a normal level. SPX pulled dropped a little, indicating this is just a normal pull back. AMD has been dropping like flies post CES2023 as retail investors cashed in on the hype. Leaving the stock dropping from 130 to 119.6 as we speak. So is it really over for this stock?   Let's look at the charts. Daily chart Is still trending upwards so post market 119.6 is decent price. In the short term, it tested the trend line 3x. Post market 119.6 means it is currently below the trend line.  will it bounce back up? My personal opinion would be a yes as there is no surprises from SPX or VIX or macro events in the near future.   Disclaimer: This is not a fina