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Technology Stocks : Apple Computer (AAPL): Analysis and Forecasting
AAPL 267.26-1.4%3:59 PM EST

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From: Lahcim Leinad6/1/2012 10:40:29 AM
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Reposted from: E-Wave and TA Workspace Message Board - Msg: 28180953

AAPL…As I have noted on several occasions, unlikely that the fall in SPX/broad market I have been expecting from my EW counts cold occur without the participation of AAPL…That is evident today, but without any technical damage to AAPL….It remains in an uptrend…holding well above its Apr lows, while the broad market/SPX has taken out its Apr lows….

Note, though, that the hoped-for completion of a bullish pennant was never confirmed by the extent of the advance above its presumed upper boundary.
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