Yesterday's corrective move off wave

    AAPL - 5 waves down?

    Posted by frtaylor on 12th of Jul 2012 at 10:44 am

    Yesterday's corrective move off wave 5 hit the 23.6% fib, I guess that's all it had in it.  

    well perhaps my weekly bear

    Posted by matt on 12th of Jul 2012 at 10:49 am

    well perhaps my weekly bear flag could still play out?  earnings is later this month I think however.  At least for now, the MACD has not responded well on the bounce, still continues to suggest the bear flag

    I think so.  I'll keep

    Posted by frtaylor on 12th of Jul 2012 at 10:51 am

    I think so.  I'll keep an eye on it.  Might short the QQQ if it breaks.  Don't like the idea of shorting AAPL!

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