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Tuesday, November 22, 2011

Apple - Has more than one bit been taken?

With yesterdays close below the blue trend-line, we might have gotten the first serious warning, that an important top is in place. However we need a break below support at 354 to confirm the top and a continuation towards next support at 310.
If the above count is correct we should see a much deeper decline over the coming months, but for now lets keep an eye on the 354 support.

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