Apple long term price channel

1414 9 5
AAPL             trades within paralel chanel. Closest short term target is $411 with optimistic bullish target $460. However if there is broad market pressure $380 would be good level to load at.
Changed disagree to agree if you don't mind:)
nice work! looks like chart trader went in the wrong direction lol
yes and i still cant believe that it continues to grow :(
I think this is too optimistic considering the transfer of power from Jobs to Tim Cook. IMHO this idea looks more realistic:

CapitalHubs charttrader
This could be the case in broad bear market. Braking trendline would be clear confirmation of that move.
MisterA charttrader
Steve Jobs is unfortunately no more with us, iPhone 4s (iphone is one of the biggest source of income for Apple) doesn't look that prospective. iPad 2 is another one and it helps them to stay on top. Some rumors may also keep the trend upwards, but it won't last long if they don't do anything. I agree with Chart Trader, his chart seems more realistic. We shall see what we shall see.
iPhone 4s is more than prospective, it sells out every other handset. I think when they will launch the iPad 3 (expected) next spring they will strengthen the ceiling.
MisterA paulmcgregor
If Siri is going to be ported to iPhone 4, no sense in changing your iPhone to iPhone 4s (better CPU and camera doesn't give that much). iPad 3 with higher resolution screen and a really good camera would strenghthen, i agree.
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