Risk of a major trendline break is more psychologically needed to flush out the weak holders of AAPL shares over the coming days, weeks and months.
We could see a push into the 390-400 area in this rally, but at that point it would provide an exceptionally low risk versus high reward ratio that would be wonderful to see.
At this level 385+ there is downside of 35 points to 350 and upside potential of about 10-15 points. But at 395 there will be 45 pts downside and only 5 pts of risk for a 9:1 reward:risk ratio.
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