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Apple Inc. Message Board

  • reservoir1999 reservoir1999 Mar 4, 2013 3:39 PM Flag

    Interesting

     

    Apple hits fresh 52-week low, bearish pattern now active 03/04 09:37 AM

    There is a bearish head and shoulders pattern on the chart that is now active and will remain active until price breaks above $435. The downside objective for that pattern is to the $385 area over time. The $420 level is one that traders have noted as an initial downside test objective of support and we may well see that level touched today or tomorrow if the current trend holds.

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