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Thursday, April 19, 2012

AAPL - Target

It's hard to imagine, but the textbook target is 548!  So far the MACD on the 60 minute is not impulsive on the current down leg.  So the good news is either positive divergence would be setup on reaching the target, or it can bounce on oversold condition.  So far STO is oversold but RSI has a ways to go.

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