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Thursday, September 22, 2011

Apple - Followup


Todays price action for Apple was a weak one. We started the day with a gap upto 419.64 from the previous 413.45 close, but we ended the day at 412.14 almost the low of the day, which where 412. The down day actrually confirm the Shooting Star top and calls for a decline towards all important support at 353 soon.
I would of cause like to see a break below 411.19 too, but after the latest price action I would be very careful if I was long of Apple (As a secret I can tell you, that I'm not...).

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