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Monday, January 23, 2012

Apple keeps its bearish outlook. 2012.01.23

Apple price action is keeping the bearish outlook of the previous analysis (http://markettechnicalview.blogspot.com/2012/01/apple-signs-of-reversal-20120112.html) as the bulls failed again to clearly break the resistance zone.

The target in the $405.00-$409.00 is still in place and the Friday session added more bearishness to the chart. 


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