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Although Apple (AAPL) popped to a new intraday

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thetechtrader Member Profile thetechtrader  
Tuesday, June 19, 2012 1:32:55 PM
Re: None Post # of 98839 
Although Apple (AAPL) popped to a new intraday recovery high at 589.49, taking out the prior high at 588.50 from June 11, from an intermediate-term point-and-figure perspective it still has not "broken out" with a print at 590.00.

Unless and until that happens, the anticipated buy signal and projection to 605/08, and then to 623/26 remains "pending." At this juncture, only a decline that prints 584 will begin to argue that buy signal will remain elusive for longer than we might anticipate.

http://www.mptrader.com/middayminute/6/2012/19/


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