AAPL has looked pretty punk for the last couple of weeks, but I am proffering a bullish chart nonetheless because bears couldn’t drive the stock down to a correction target at 145.95 last week. (It remains theoretically valid.) The stock in fact reversed almost precisely from the p2 secondary pivot of the pattern, which often foretells strong moves in the opposite direction. We should hold the oohs and ahhs, however, until such time as buyers show their stuff at p=153.40 (corrected). This midpoint pivot can be used as a minimum upside projection for now, subject to revision if the stock should dive below C=146.41. _______ UPDATE (Nov 17, 4:19 p.m. EST): This morning’s adroitly engineered short-squeeze did what mere bullish buying could never have accomplished, pushing AAPL decisively above p=153.40 and an important prior peak. Factor in the subsequent close above the pivot, and it all but guarantees that D=160.38 will be reached. ______ UPDATE (Nov 18, 9:07 p.m.): The guarantee of a move to 160.38 (see above) was all but fulfilled today when the crime syndicate that works AAPL goosed it to 158.67, courtesy of yet more short-covering.