AAPL – Apple Computer (Last:235.83)

The weekly chart yields a potential rally-stopping target at 252.17  (A=195.71 on February 26) that became an odds-on bet with yesterday’s push above the midpoint pivot, 236.16.  If boarding for the ride up, I’d suggest using the 5-minute chart and the peak shown as a breakout number for camouflage.  I’ve sketched out a hypothetical trade, which would work best (i.e., with relatively little risk) if there’s a slight breach of the  236.54 peak followed by a relatively quick  tracing out of b-c-x. _______ UPDATE (10:34):  The mindless herd is out in force this morning, wholly unaware that their panic-stricken actions and reactions are being governed by a Hidden Pivot.  Because 236.16 is obviously the key to today’s swings, we can be confident that a decisive move above it will terminate precisely at 252.17.  _______ FURTHER UPDATE  (April 5):  Set an alert at 252.17 for your own purposes, but please note that the stock has been removed from the list of “Actionables.”