AAPLE shares were down more than 6% today to 134.89$ reacting to AT&T Inc.'s initial sales figures for the iPhone. Today's ample ranging day (134-141) associated to the negative divergence of MACD in coincidence with the relative high printed indicates that lower prices should be ahead. The stock should move down to retest lower supports 132$. Keep an eye on AAPL tomorrow for a possible breakdown of this support.
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That's All. Have a nice evening !!!
AC
Labels: AAPL
SWC down another 8.25% today. In the past three days it dropped a total of 20%. SWC is the only palladium and platinum producer in the US. Palladium and platinum are very important precious metals that see price trippled in the past three years. This is a stock with extremely bullish fundamentals and this may well be the CAPITULATION event where you get an excellent entry point. See my analysis of the SWC fundamentals.
Posted by JJ2000426 | 5:33 AM
Hi Friend !!! I agree with you, I think AAPLE will go down again until 127$.
Posted by Anonymous | 7:58 AM