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Razvan
Oct 29, 2012 3:01 PM

AAPL - Looking Bad on Monthly Short

Apple Inc.NASDAQ

Description

Bad, bad, bad...The monthly chart doesn't look good at all for apple. There are a lot of bearish signals coming from the RSI(56), ROC(56), and might be confirmed by the price action soon. A close under 600, or a drop under the trendline might trigger a down move.
Comments
JesseCarter
This could not be closed, shows support for the 400 price and could bounce off
Razvan
Low at 505, now we might see a correction.
Razvan
After the publish the drawings on the RSI did not appear
Razvan
Apple opened today under 600, let's see if it can get back until the end of the session
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