AAPL appears very likely to achieve the 191.73 target shown in the chart (inset), since the stock has spent two weeks above the Hidden Pivot midpoint (p=184.53) after impaling it on June 15 with an opening-bar gap. A swooning retracement to the green line (x=180.92) would trigger a ‘mechanical’ buy that you should not pass up if you trade the stock. Nudge me in the chat room when appropriate and I may be able to craft a risk-averse trigger for playing the bounce with call options.
AAPL – Apple Computer (Last:185.02)