APPLE chart with Fib levels and ichimoku cloud

• APPLE is trading above 61.8% Fib level of the recent fall to 274 levels.
• Breaking below 61.8% can drag the stock to 50% or 285 area
• If it continues to trade above this level, We may see another high for Apple during this week.
• The stock has closed above its 50 hour moving average and the Ichimoku Cloud again.
• Breaking below the 50 hour moving average and the cloud will be negative for the bulls.