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Wednesday, September 21, 2011

Apple - gaps up, but...

Apple starts the day with a gap higher. It closed yesterday at 413.45 and opens at 419.64, so todays interesting question will be, if we can break above yesterdays high at 422.86 or we will break below yesterday lows at 411.19.
If the Shooting Star from yesterday is indicating a top, we will need a down day an ideally a break below 411.19.
A break above 422.86 will leave the way open for a move towards 450.

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