Tuesday, November 10, 2009

AAPL Topping Out?

I think you should watch this stock and how it negotiates this pattern over the next few days/weeks.


Shawn said...


Where have you been? Do you still think market going down or to the moon? We have a Double top this morning, not sure if that DT will work out or not.

Take Care

Shawn said...

Stewie, I mean to say equity seems to have a potential Double top, but then this double thing is not a big one like 2007.

Stewie said...

shawny: i would NOT short AAPL based on this chart! this is purely an interesting development in the chart structure. if the market acts(highly doubt it), then AAPL could come crashing but i highly doubt we see any meaningful weakness with the most bullish time of the year upon us. I think this market will keep trickling higher and frustrates bulls and bears!

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