nmike
Short

APPLE >>>>near term price targets

BATS:AAPL   Apple Inc.
1035 14 3
APPLE             failed to brake current channel and broke a minor FIB / support level .Unless it can quickly get back above it, the trend will continue down to at least the 640 support, if that doesn't hold look for price to hit the 635 FIB. level or the trend line at 627             .Remember folks, the chart does not know what an I POD or an I PAD is but it KNOWS the direction of price action.
520 TARGET REACHED...
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>>>>> $564 FIB target reached, if it doesn't hold this level next target is the $520 FIB level
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>>>>>APPLE at .618 FIB. level. IF breaks this level,next downside target is $564+/-
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>>>>Another FIB.level reached today as Apple travels down the CLONED CHANNEL......mind your FIBS folks...
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...REJECTION AT BLUE CLONE CHANNEL BOUNDARY
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>>>>> a bounce right at KEY TREND LINE.If we break resistance, the top of the current channel is the most likely short term target.
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Followed.
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Followed.
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Agreed.
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Followed.
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