AAPL Limited upside short term?

Apple will have its day at new highs and that's what long term investors need. For those of us that are looking to make short term money, I'd say that it looks like aapl wants to test that 61.8% near 160 before starting a deeper decline.

There's still a lot of bears out there evidenced by the options open interest through March so this will take a while if it happens at all.

I'm looking for a target between 113-110 and am willing to wait a year for it to hit.