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healthy action following the recent range breakout. seen here on a 30 minute chart, YHOO continues to drift higher.
price is still in an early stage of consolidation between 538 and 575 threatening to test immediate support level at 552 this morning. Measure the action, lets see if the bulls can defend this prior pivot.
actions heating up at a critical inflection point, bet or wait?
important band of support here at 915. expect the bulls to step in for at least a mini bounce, if breached setups up for another leg lower.
$AAPL certainly not picture perfect but watch this possible cup and handle-ish pattern off the open today. above yesterdays highs could get us a nice measured move into the mid 430s. For this pattern to hold up we wouldn't want to see price trade below 426 give or take otherwise we're just in a sloppier wider range.