Tuesday, April 17, 2012

AAPL Sell Signals!


AAPL, Apple Inc, has got sell signals.

AAPL has broken its uptrend and has broken the support levels around 600-617. Now we are at the very important support level at 578. If AAPL break that level the stock looks like it could go pretty far on the downside.

AAPL also has important support levels around 548, 516, 487 and 428. I can´t rule out that AAPL may test the 428 support level sooner or later.

I will short AAPL on any upward move. Stop loss if close over 617.

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