AAPL: 3rd close Below the 50 day

AAPL is on my watch list for tomorrow. Notice in the above chart this is the 3rd close below the 50 day average. The red line you see is the 85 level. What is so significant about the 85 level? That price is where AAPL was trading just prior to the iPhone news. If AAPL trades below the 85 level, that would mean everyone who bought the stock when the iPhone news came out will now be holding a losing position. Combine that with an inside day today and a 3rd close below the 50 day and I think you might see a large range day tomorrow in AAPL which is good for a day trade so keep an eye on this stock tomorrow.