Technician
Short

#Apple: Bearish Reversal in Play

NASDAQ:AAPL   Apple Inc
2348 9 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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im intrested to know about next trend up or down with chart...
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Same here:
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I Tec! This is my view from 9 months ago
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Good as always tech!
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I think there is a significant fib level around the rising trendline support. Right around 85. I'd be extremely surprised if it breaks that considering the cheap valuation. I am not convinced it will go there though so I'm buying at 90.
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does the blue box represent a time limit within which Apple should hit long term rising trend line?
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Technician PRO tradestocks101
No. It is just the target for the head and shoulders pattern.
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Best Regards, Tech !
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My Regards to you
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