We hold a tracking position of eight Nov 730-Oct 730 call spreads for 7.00 — roughly midway between high and low prices reported in the chat room.  The stock’s rebound from yesterday’s deftly engineered low was impressive, but buyers will need to push AAPL a further $12 to create a true bullish impulse leg on the hourly chart.  If the stock simply rolls over today, we should expect a reversal from the p midpoint of a pattern like the one shown if bulls are sill in command. _______ UPDATE (11:50 a.m. EDT):  Apple has relapsed this morning and is attempting to find traction very near the ‘p’ midpoint I’d sketched in the chart (see inset).  It lies at 666.37, versus an actual low thus far at 666.75.  If the support gives way it could spell jeopardy to as low as 650.57, the midpoint’s ‘d’ sibling. (In as little as four to six weeks, you can learn to do this stuff yourself. Click here for  free trial subscription to Rick’s Picks.)