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Markets › Apple › Tweezer top

US stock market · candlestick pattern

Tweezer top on Apple

On Apple the tweezer top showed up 29 times. The target came first 21% of the time, the stop 72%, and 7% went nowhere within 12 candles.

Counted on Apple: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily825%50%25%
Hourly2119%81%0%

Apple against the rest

ChartsFoundTarget firstStop firstWent nowhere
Apple2921%72%7%
All US stock market charts85937%59%4%
Every market10,99134%58%8%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the tweezer top is

Two candles hit the same high. That ceiling held twice.

Imagine jumping twice and bumping your head on the same spot of the ceiling both times. A tweezer top is two candles whose highest points land at almost exactly the same price. Buyers hit a ceiling twice, and it held both times.

The full tweezer top lesson, video and quiz ›

Other patterns on Apple

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · RSI overbought drop · MACD bearish cross · Gap down · Gap up · Doji · Volume profile bounce · all of them

The tweezer top elsewhere

Dow Jones · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Intel · Boeing · Amazon · Sony · GBP/USD · EUR/JPY · Gold · Silver · Ethereum · Bitcoin

Questions

How often does the tweezer top work on Apple?

In 29 cases on Apple, the target (1.5 × ATR) came before the stop (1 × ATR) 21% of the time and the stop came first 72%; 7% went nowhere within 12 candles.

What is the tweezer top?

Two candles hit the same high. That ceiling held twice.