Monday, 10 December 2012

I am inclined to think of Apple as likely to consolidate in the 3/8-5/8 range of the 360-720 Gann square I have been monitoring,before the next big move. That range is the "equilibrium zone" that price is normally attracted to like a magnet,and often tough to break out of.Look how strongly 5/8 repelled the rally last week.I do believe that risks are on the downside however,given the violence of last week's move ,a double close key reversal,on a weekly basis

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