Apple

actions heating up at a critical inflection point, bet or wait?

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AAPL will be very interesting to see how apple closes this week given the recent action. Lots of eyes are on this 450-460 range trying to determine if this stock is ready for a longer sustained move to 500. It's anybody's guess right now but it should make for lots of headfakes and back and fourth price action if this is to become a true inflection point. Watch this rising trendline early tomorrow, a break below 450 will have alot of longs scrambling to the sidelines and on the upside the bulls want to see that lower high taken out, call it 456.

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