News Breaks |
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| December 13, 2012 |
| 10:22 EDT |  | AAPL | Apple has a new potential bearish pattern forming, levels to watch
There is a large scale potential bearish pennant forming on the daily chart. The pattern will become active only on a sustained move below the lows of the pattern, currently at the $525 area. If the pattern becomes active and completes, the downside objective would be to the $460 to $450 area. The pattern would be voided completely if price breaks out above the top of the pattern, last at the $545 area. |
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