AAPL continues to recover from its near term low. After forming a double bottom and tested the pivot point for support, it appears to be consolidating near the 515 level with a potential bull flag pattern. As it breaks this bull flag pattern, the measured move could project a possible price target near the 580-595 range.
Here is a video reviewing the recent price action and some potential price levels to monitor.
Click here to view the video if you do not see a video player on your screen.
(correction to the reference on the fib retracement near 580 level, it should be 78.6% instead of 61.8%)
