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IMHO, AAPL is headed lower...


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#1 Bob-C

Bob-C

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Posted 25 December 2008 - 05:32 PM

Hi everyone, IMHO, AAPL is looking weak and is ready to fall.

Here is the AAPL daily TL chart:

http://chart.nu/char...8&filter=21.png

Here is the AAPL daily chart:

The AAPL daily Full STO has turned down and has crossed negatively under its signal line. Both the PPO and the MACD have inflected negatively and have crossed under their signal lines.

Here is the AAPL weekly chart.

The AAPL weekly Full STO and PPO have crossed negatively under their signal lines. The weekly MACD is about to cross negatively under its signal line. Note, the AAPL Full STO has made a succession of lower highs.

Here are the AAPL daily, weekly, and P&F Gallery Charts.

The AAPL:SPX indicator has crossed negatively under its signal line. The AAPL 50 DMA has crossed under its 200 DMA and has inflected negatively concave down. The P&F chart has a bearish price projection of 73 for AAPL.

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.