jonasopdahl

Watch Out When Apple Gaps

NASDAQ:AAPL   Apple Inc
156 4 3
This is not a "sell signal" for the stock market, but it has been something to keep an eye on in the recent year. Especially when Apple             gaps down from recent highs (as in mid July 2015 and mid November 2015).

This gap down could be an early indication of whats to come for the US stock market ( SPX500             blue line). Structurally Apple             looks bearish at this point.
good one
+1 Reply
Mind the gap.
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Looks like the gaps were shortly after earnings.
+1 Reply
And if the earnings are bad that's usually not a good sign going forward.
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