AAPL – Apple Computer (Last:373.20)

Apple Computer (AAPL) price chart with targetsApple’s most recent feint lower missed our 362.22 target by a little more than a buck, suggesting this reversal could be tradable.  If so, we should look for a ‘camo’ entry opportunity at 381.44, the conventional ‘x’ entry point of the rally pattern; or near 399.55, its Hidden Pivot midpoint. The target we’d be shooting for would be 435.78, and the preferred way of leveraging it would be by way of an option butterfly spread.  I’ve set a screen alert, so stay tuned for further  details.

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