Friday’s gratuitous swoon did not significantly change the perception that AAPL is headed for the 189.88 target shown in the chart (click on inset). In fact, if the pullback had come from our sweet spot between p and p2 (respectively, the red and pink lines), I’d have suggested a mechanical bid at 173.79 on Thursday. As things stand, although the initial pullback may have discouraged some bulls, my hunch is that it simply shook them out. If so, the stock’s next upthrust will not have their profit-taking urge impeding its progress. A close above the green line would undo whatever misgivings we might have about boarding the bullish bandwagon. For now, though, we’ll simply wait and watch. _______ UPDATE (Mar 11, 9.40 p.m.): Today’s powerful, gap-up rally stalled three cents from the 179.15 midpoint resistance shown in the chart (click on inset), confirming the pattern and its 189.88 target. As always, a decisive move through p will make the target an odds-on bet to be reached. Here’s a new chart that shows it all.