Last week's resistance becomes this week's support, in theory yes, but let's see how this plays out with CTXS tomorrow.
Although we have a failed inverted H&S pattern, AAPL closed on support and at these oversold levels, it looks like we have the potential for a snap back rally. On the 15 minute view above we have positive divergence and a break of $68.50 could take us back to the broken trendline around $70.50.
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