APPLE 45 minute update

BATS:AAPL   Apple Inc
Apple is in a long term downtrend.Even on a 45 min frame you can see the 80 and 100 averages are pointing straight down. Shorter term we are currently in a mini rally where price is likely to reach the top of reference channel .If price clears the top of red channel the next target is the gap resistance and or the top of CLONE. Since Apple is in a clear long term down trend that KEY SUPPORT area is critical. Try to use lower time frame dips as an entry points.


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