A look in the past...
-Broke down officially week of 11/5/12 beneath 50 day
-Took until week of 6/23/13 to make its way down to the 200 day where it found support
-Week of 9/22/13 climbs back above 50 day which proves Bullish as it does not falter below 50 day until 8/3/2015... and so the cycle begins! I maintain we are going through this exact situation currently as we will touch 200 day levels to find support once again moving forward... LONG AAPL @ $92.50
-Broke down officially week of 11/5/12 beneath 50 day
-Took until week of 6/23/13 to make its way down to the 200 day where it found support
-Week of 9/22/13 climbs back above 50 day which proves Bullish as it does not falter below 50 day until 8/3/2015... and so the cycle begins! I maintain we are going through this exact situation currently as we will touch 200 day levels to find support once again moving forward... LONG AAPL @ $92.50