Since the daily short signal back in Sept. 2012 there was one failed 50sma signal. Now Apple is just below the 50sma, if price can close above it , the top of reference channel is the near term target. If it fails again we could see Apple retest the bottom of reference channel. Here is a weekly chart of Apple , very good example of CLONING and FIB. levels :
@ KevinT good support in this area, close below last green candle could see Apple fall to bottom of reference channel near term, more bad news for bulls if Fisher falls below mid-point, TRIX momentum is falling.Remember to draw a MEDIAN(50%) line in each CLONES(not shown on this chart.