I've been looking for an opportunity to get into Apple for some time, and do have an open order in just above the 200 SMA and EMA's, just in case we hit it.
My original thought was that it would be a longer term investment (have you ever seen how crowded those Apple stores are?) but this big old H&S pattern is a concern.
I'll use a stop below the 200-day MA's if my order gets hit. Seems like a fair risk / reward if I can get in near 232.
http://www.tsptalk.com/images/mb/082410a.gif
Common H&S pattern...
http://www.tsptalk.com/images/070110d.gif