Technician

#Apple: Bearish Reversal in Play

Short
NASDAQ:AAPL   Apple Inc
40
Apple shares completed a major bearish reversal pattern recently by taking 106 key support level. I am looking for a retest of the long term rising trend line as a minimum target.

If we break below the rising trend line, we could see apple shares around $55 :D. What a fabulous bargain it would be.

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Best Regards,
Technician
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