Because AAPL ended the week with a failed short squeeze, we should expect it to head lower when trading resumes Monday morning.  On Friday, DaBoyz took the stock down by more than a point on the opening bar in a rigged attempt to exhaust sellers. The rally that followed was predictable, but when it failed to surpass any prior peaks on the intraday charts, only the relapse that occurred was possible. A 168.33 rally target remains viable, and I will continue to use it as a crucial benchmark for the bull market itself. But if the stock starts generating bearish impulse legs on the lesser charts without having achieved that target, it would be hinting that the bull itself is dead after a remarkable run of more than eight years._______ UPDATE (Aug 21, 7:45 p.m. EDT): Apple did in fact break lower at the opening bell, falling $2.34 before DaBoyz had sucked up enough stock to put ‘er in reverse. The stock ended the day leaving me with nothing inspired or even insightful to say about it. _______ UPDATE (Aug 23, 9:04 a.m.): With the S&Ps getting whacked today, AAPL is hanging tough, down less than $1 so far and warning permabears not to get too confident just because most stocks happen to be falling._______ UPDATE (Aug 26):  The stock showed bears no mercy last week, maintaining its upward bias regardless of what the stock market was doing. This shortens the odds of a potential last-gasp thrust to 168.33 (or possibly 168.46).