Share
of Apple Inc. (AAPL) is trading near $548
on Thursday after big hit $518 and nice rebound Apple has a new potential bearish pattern, levels to
watch.There is a new potential bearish pattern developing.There is a new
potential bearish pattern developing on the daily chart. That pattern
is a bearish flag, has been formed by the recent consolidation of the
move off the $500 area in the last two weeks. The pattern will not
become active unless price breaks the top of the current bearish price
channel, the flag, at the $590 area. If the pattern does trigger and
completes, upside potential would be to the $635 area. The pattern would
be voided if price instead breaks below the low of the bearish price
channel, currently at the $550 to $505 area.
Next short
term support area is
Membership Access. Apple Inc. (AAPL) should
trade $700-$750 in 2013?. This is my one of the
Top
Pick
for
2012.
Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart
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