EvanMedeiros

sloppy descending channel. bearish until proven otherwise

BATS:AAPL   APPLE INC
145 0 0
$AAPL             price bouncing around this sloppy descending channel making lower highs and lower lows. If market continues its upward march we should see a retest to the top of the channel at about 440. Until something breaks this price pattern this is how I am viewing the recent action. Bearish until a more constructive sideways base gets put in or the previous high at 449 is taken out.
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