Apple is down almost three percent today, below 110 and heading south in what appears to be a likely test of the crucial 106 level. Can Apple hold this important fulcrum point? This stock, like the general market, has experienced wild swings of late - just remember to keep your head and buy low. When the stock sells off, buy. It's an easy game if you can stomach the swings. Easier said than done.
Short term rating = BUY
Long term rating = BUY
UPDATE - Looking at the chart - a clear down channel is forming in Apple - unless the stock reverses soon, this channel will break the key 106 line in the sand I drew on the chart.
Short term rating = BUY
Long term rating = BUY
UPDATE - Looking at the chart - a clear down channel is forming in Apple - unless the stock reverses soon, this channel will break the key 106 line in the sand I drew on the chart.