In Mid-July bull market leader Apple, was trading below $360 per share and the Power of the Pattern was suggesting it could rally up to the $430 level(see post here)  Why $430?  This price target represented the top of a rising channel.  Below is an update to the Apple chart with updated rising channel levels.


Apple remains inside a of quality rising channel.  The break above line (1) is a positive for Apple.  The top of the rising channel now comes into play around the $450 level.  Until broken, it continues to pay to accumulate Apple on support and look to harvest at resistance.

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