Apple Inc. #AAPL is in a bearish correction. Last week, we noted a possible support around 150 for AAPL. AAPL Daily Chart (click to enlarge) Resistance:- AAPL could very much have been done with the bearish correction, and is ready to go for a higher above the August/September high around 165.- However, the 154.25-156 area is a key support/resistance pivot, where we might see some selling. - If this holds, I would anticipate a test of 148.50-150 again. A break below 148 opens up the 142.20-143 area where the 200-day simple moving average and a previous support reside. - A break above 156 would provide more evidence that the market is bullish.