Apple’s Drop Now Too Large To Ignore

Wednesday, May 16, 2012

It looked like Apple (AAPL) might be establishing a foundation at about $560. With the stock declining, this stopping point is important. The steady rise to $644 produced no clear support levels, and the stock needs a foothold to encourage investors and prevent frustrated selling. Then along came today’s breakdown.

What next?…

This article is posted on SeekingAlpha.com

 

 

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