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AAPL

Posted by StockBuz on June 1, 2013 at 8:56am
Merely an update and they're trying to push for a head-and-shoulders bottom which would have a target above the 200d near the fibonacci level indicated. I'm not thrilled about the symmetry on this pattern to be honest with you. With S&P at all time highs, we will have to see if the market pushes higher or if profit-taking squashes overall risk appetite an the pattern fails, transforming into something else. Possibly a trading range? Base? We shall see.

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