Apple (AAPL) shares have staged a classic breakout pattern over the last few weeks. From August through May, Apple trended sideways in a range between $165.00 and $195.00 consolidating previous gains. Last month, the shares broke down through the bottom of this range by one row on the Point & Figure chart in what looks like a shakeout. Then AAPL shares reversed sharply upward to complete a rare and textbook Bear Trap pattern.