Keep it simple, if aapl breaks 134 go long, short if below 122

Apple has been in a bull trend for a little over a year, that over all trend is not broken YET. BUT for the last year it has consolidated in a channel for about 3 moths, then broken out (typically after earnings ) to new highs. This last earnings it did not break out of the channel (bounced off the old high). This could be early signs of long term trend reversal. If apple goes below 122 I think 106 is the target. If it does break the previous high of 134, I think 143-150 is the target. For now it is in no mans land. (other points, RSI is sitting at support, MACD is indecisive).

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