Thursday, April 19, 2012

Apple 30 min chart update -

Another day of uncharacteristic weakness. down 20.90 points today...... more rotation? Perhaps into MSFT and GOOG? 

both stocks held firm today. MSFT beat EPS and tagged 32 in after hours trading.  

In the chart below you can see the 620 test fail and Apples price roll over into 590 level.. if the momentum continues on the downside tomorrow 570 could be tested which was the ledge where pre market lows of 567.5 were tested tuesday morning before the squeeze which alluded to 620.. 
AAPL 30 min