Based on past behavior, which is all we have to work with really (besides projections, estimates and guesswork), I think a sideways consolidation period seems very likely for AAPL over the next few months.
After the 119+ - 200+ rally (+70%) in 2009, AAPL went horizontal for about 4 months.
After the 200+ - 270+ rally (+35%) in 2010, AAPL went horizontal for another 4 months.
After the 270+ - 350+ rally (+30%) in 2010-11, AAPL went horizontal for 6 months.
After the 350+ - 400+ rally (+15%) in 2011, AAPL went horizontal for 5 months.
After the latest 400+ - 600+ rally (+50%) in 2012, AAPL has gone horizontal for about a month so far.
Are we in for a long Sine-Wave Pattern with 600 in the center of it?
