nmike

APPLE weekly update

Short
BATS:AAPL   Apple Inc
Weekly price action is bearish , below the 10MA and the blue MACD line below mid-point. Currently we are at a minor support level and most likely we may have a short term counter trend rally to trend line resistance or top of reference channel. If support is broken the next target is bottom of reference channel or the .382 FIB. level.

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