Price not out of the woods yet
Recent market resurgence though helped by short covering it was strong and remained strong but 
AAPL did under perform and may soon prove that downside momentum will continue. $94 so far remained support and price held very well though it penetrated several times. Weekly close below that level will be a bad news for the bulls and good news for the bears but also there is a possible upside continuation towards $104 which is another resistance bulls will need to close above it on weekly bases to believe a possible test towards $108 a major overhead resistance.
AAPL did under perform and may soon prove that downside momentum will continue. $94 so far remained support and price held very well though it penetrated several times. Weekly close below that level will be a bad news for the bulls and good news for the bears but also there is a possible upside continuation towards $104 which is another resistance bulls will need to close above it on weekly bases to believe a possible test towards $108 a major overhead resistance. 
Feragatname
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