A crystal clear downside target at 528.80 practically dares Da Boyz to spring a trap on bears just beneath the obvious structural support at 555.00. In the past, DaDirtballs have never been able to resist the temptation to short-squeeze this monster each time it falls to a low where many traders and investors will have fled in a cold sweat. Accordingly, camouflageurs looking to get long should zoom down to the 3-minute chart to look for the first northbound ABC pattern if AAPL should fall below 555.00. _______ UPDATE (May 8, 11:39 p.m.): We’ll back away for now, since the stock looks like it’s fixing to screw the pooch for a while near the 573.33 midpoint support-cum-resistance associated with the 528.80 target given above.
