Apple could fall a further $107 before reaching the worst-case Hidden Pivot target at 295.85 shown in the chart.  Regardless, we’ll want to try bottom-fishing at the 380.80 midpoint support, since it promises to launch a tradable bounce, however short-lived. The rally could be especially steep, since the low will have occurred following an ostensible breakdown beneath the 385.10 bottom recorded in mid-April. For now, though, use 380.80 as a minimum downside objective.  A two-day close beneath that number would of course shorten the odds of a continuation of the bear market to D=295.85. _______ UPDATE (July 1, 2:38 a.m.): An upturn has come from 388.87 — well above my target support — but we shouldn’t get too excited because Friday’s high failed to take out the previous day’s peak at 401.39.  _______ UPDATE (July 8, 3:03 a.m. EDT): The last rally failed to refresh the bullish impulsiveness of the hourly chart, weakening the bullish case for the very near term. _______ UPDATE (July 10): After lagging the market for nearly a week, Apple lurched higher yesterday, aided by a bear-trap opening and the short-squeeze that ensued. The 437.94 rally target shown ( see inset, a fresh chart) should be kept in mind, along with a 424.16 midpoint resistance that can be leveraged by camouflageurs looking for a place to board. _______ UPDATE (July 22, 3:30 p.m. EDT): A $13 rally sputtered out at 434.87, more than $3 shy of the target. This is a warning to bulls that the selling would become stronger if the current correction exceeds its 420.12 target (see inset, a fresh chart). Regardless, the target and its ‘p’ sibling at 424.93 are logical spots to try bottom fishing via camouflage. _______ UPDATE (July 23, 5:30 p.m. EDT):  We’ll back away for now, since lunatics, scoundrels and psycopaths have commandeered the stock on earnings news released Tuesday after-hours. Apple’s bounce from the $418 intraday low amounts to $24 so far.