A 20 year look at the $AAPL Chart – Don’t look

What is most startling beyond the obvious run up in price from $3.19 a share on July 7, 1997 to 705.07 on October 1, 2012. is the DRASTIC drop in volume since capitulation on 10/01/08 at 100 a share.

Something is going to cause this volume to pop back over the downtrending line almost four years in the making…. 535 is the line to watch going into tomorrow….. under we see a air gap into 505.

Below 500 could be the event horizon where gravity becomes so strong no matter can escape… or electrons for that matter. Until say  450?

20 year apple 
Monthly apple
 

Related Hedge Accordingly Content
John Desimone, CEO of Herbalife, spoke with Bloomberg Television’s Stephanie...
Bill Ackman, Pershing Square CEO and Founder, spoke with Bloomberg...
H∆ Top10
Herbalife CFO John Desimone on Ackman: Big Bark, Small Bite: $HLF may sue
Blackstone CEO Schwarzman: PE industry is relatively miserable at marketing themselves
A 20 Year Look at the Spot Gold Price $GLD $GC_F
SocGen CEO to Ruhle: Putin more rational than some think; wants 'self-funded' growth in Russia.
Chesapeake Energy Chart
VIP interesting head and shoulders...
$BX - BlackStone CEO Steve Schwarzman: Fed tapering won't affect Blackstone at all
MARKET BOTTOM, Nope.
Microsoft's unsolicited offer for Yahoo times are changing..
A look at Marvell Shares Following Today's Drop | $MRVL

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly