AAPL and the NDX feel like they will always be highly linked but
with the recent re-balancing it is slightly better. I have a
little support for AAPL at $333 (make a wish - maybe that it will
bounce), then the 319-320 range and lastly the 200 day.
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AAPL looking precarious
Posted by puma on 16th of May 2011 at 02:21 pm
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=1&mn=0&dy=0&id=p39101286006&a=233939190&listNum=4
Besides threatening to break the TL, the MACD is crossing over (see link)
If AAPL breaks down, it will be very hard for the COMP not to follow.
AAPL and the NDX feel
Posted by tom on 16th of May 2011 at 02:28 pm
AAPL and the NDX feel like they will always be highly linked but with the recent re-balancing it is slightly better. I have a little support for AAPL at $333 (make a wish - maybe that it will bounce), then the 319-320 range and lastly the 200 day.