Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

AAPL (Correction)

6/23/14

AAPL:

7:59EST

90.41 is a potential reversal level and it MUST not trade below 90.30 in order to keep the reversal door open and in addition it MUST immediately trade above 91.21, although 92.69 is the key (3 day timer) resistance pivot it must trade above in order to confirm a reversal, if not then it means down to 89.45

previous update

7:23EST

The Friday close was bearish therefore it's down to 89.45, which is the termination of this pullback from 95.05, the reversal heads back up to reach 99.23

Disclosure: The author is long AAPL.