Friday, November 2, 2012

$AAPL has declined some 105+ points in little over a Month

Daily AAPL
What is next? well given the nature of past behavior of apple following large sustained slides (think back to this spring) Apple usually has a sharp reversal to correct the trend and resume upward..T

this time it feels a bit different as the 1 year trend line failed and continues to fail without any of the typical violent reversal days we are used to seeing in Apple...

 now that 590 failed.. we got a whole new can of worms as those who bot the 600 level are now getting stopped out.

1 Month 
1 hour