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romanreyhani
May 4, 2016 3:35 PM

AAPL 

Apple Inc.NASDAQ

Description

Last week's earnings report sent AAPL to the bottom of the triangle. It's been hovering down there this week. The $92 level is key. Although if that cracks, we still have the long term trend line dating back to 2009 that would provide support near $88. If clearing that is sustained, it could get messy. Alternatively, we may see some sideways action which eventually will invalidate the triangle and put us in a range pattern.
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