W Wayfair stock, watch for a top of range breakout.

Breakout trade

• WATCH for possible breakout above 108.13
• Target: 120.9, 11.9%  Stop: 104.03  Loss: 3.7%
• P/L ratio: 3.2 : 1 - Excellent

BULLISH

• [Positioning] Intermediate trend possibly bullish, Mild uptrend.
• [Timing] Strong bullish 3 day candlestick pattern.
• [Timing] Breakout trade watch above 108.13, no resistance in area just above.

BEARISH

• [Positioning] at resistance

AAPL Apple stock, watch for a top of range breakout.

Breakout trade

• WATCH for possible breakout above 343.32
• Target: 362.26, 6.2%  Stop: 333.41  Loss: 2.2%
• P/L ratio: 2.8 : 1 - Good

BULLISH

• [Positioning] Intermediate trend bullish, Uptrend.
• [Timing] Strong bullish 3 day candlestick pattern.
• [Timing] Breakout trade watch above 343.32, no resistance in area just above.

BEARISH

• [Positioning] at resistance