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Apple closed on channel resistance this past Friday and today it is breaking above its falling channel for the first time in Months!  A very similar looking pattern took place at (3). 

Once the breakout took place last fall, Apple moved much higher and some might argue it had much to do with the broad market rally that followed!

Game plan…Be an owner of key breakouts above resistance.  Have a stop in place should Apple break back below support.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past