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mktalert
Jul 12, 2014 10:12 PM

AAPL vulnerable to near-term selling pressure.  Short

Apple Inc.NASDAQ

Description

My TrueCast models are flashing signals AAPL will will soon establish a price high and turn lower.

Specifically, my models are targeting a price of 97.93 -- adding a 10% tolerance produces a target range of 96.61 to 99.25. From a timing perspective my models are indicating there is a a 9-out-of-10 chance an intermediate (multi-week) high will be established on or before the week ending July 25th.
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