Apple Challenging Resistance - Market Analysis for Jun 7th, 2012

Apple (AAPL) continues to flirt with its key near- and intermediate-term resistance area between 576 and 580, which must be hurdled via a 582 print to trigger new buy signals. Those signals would project to 605/08 and hen 625 thereafter.

At this juncture, a print of 570 will initiate a column of red 0's, which will weaken the underlying pattern a bit. A print of 558 would neutralize the current constructive set-up altogether.


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