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.
>>>>> 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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...REJECTION AT BLUE CLONE CHANNEL BOUNDARY
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>>>>Another FIB.level reached today as Apple travels down the CLONED CHANNEL......mind your FIBS folks...
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>>>>>APPLE at .618 FIB. level. IF breaks this level,next downside target is $564+/-
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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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520 TARGET REACHED...
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