Apple (NASDAQ: AAPL) is probing key resistance at 180-181, which if hurdled should trigger upside follow-through to 182.50 immediately, and then to 185.00. My near-term work argues in favor of a pop to 182.50, after which I will have to reevaluate the strength of the underlying pattern.

By Mike Paulenoff

Mike Paulenoff is author of the MPTrader.com (www.mptrader.com) , a real-time diary of Mike Paulenoff's trading ideas and technical chart analysis of Exchange Traded Funds (ETFs) that track equity indices, metals, energy commodities, currencies, Treasuries, and other markets. It is for traders with a 3-30 day time horizon, who use the service for guidance on both specific trades as well as general market direction

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