Thursday, March 3, 2011

AAPL Apple Daily Chart

AAPL Apple daily chart shows price rolling over from the overbot conditions and negative divergence. ADX no longer shows a strong trend in place. The higher price in February had no underlying enthusiasm despite what all the media hype says. Over last few days price has retraced 80% of the move down to get back up to 360-ish.

Looking for sideways to sideways down bias ahead. The implications on the technology and broad markets must be considered. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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