Sunday, October 21, 2012

AAPL in trouble

Apple's stock price has not closed below the 4hr 200 ma this year until last Friday. This is not good. Watch for next support at the 200dma at $585 and now the 4hr 200 becomes resistance at $630.

update: Apple dipped below $600 last week and I'm watch the $585-$590 (200 day) for support.