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Strategies & Market Trends : Guidance and Visibility
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: Frederick Langford who wrote (43072)2/7/2002 3:44:45 PM
From: SirRealist  Read Replies (1) of 208838
 
5th day consecutive down.... if it stays down in last 1/2 hr. And still didn't take out the target of 1755.

Which sets up a lower target for Friday: 1740, with a backup target of 1720..... if we go lower. And if we close near 1780, it looks like we will.

Now it's not necessary to touch that bottom edge of the downtrend channel, but it permits the greatest potential rebound, so I'd like to see it.

And what's tomorrow's top? 1800.... unless we get the rebound, because anything higher would be bullish, as it would break a shorter sub trend (draw a line across the tops of the last 5 days to see this).
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