AAPL – Apple Computer (Last:157.29)

In after-hours trading Tuesday, AAPL had somewhat exceeded the 157.53 Hidden Pivot that we were using as a minimum upside target. The indicated high as of around 9 p.m. EDT was 158.40, which if correct would imply the rally is likely to continue to a target of higher degree. The logical number thereof would be 170.33, so we’ll use it as our new objective. It implies an amazingly steep ascent and an ABC pattern with a trajectory that I cannot recall seeing before. ______ UPDATE (1:54 p.m.):  During this morning’s tutorial session, we turned up a new target at 159.88 that not only looks likely to be reached, but also short-able, stop 160.01.