NicholasAmato
Short

Apple On Critical Support

NASDAQ:AAPL   APPLE INC
Apple             failed the 9 MA indicating the short term has cooled. Apple             is playing with the 50 DMA and the trendline support levels. Today's gap down invalidated the uptrend, came with higher volume , and and erased the prior bar's gains. I believe this to be a professional gap, ie: the market will continue in the direction of the gap for some time. Eventually, the gap may be filled but for the short to medium term time frame, I will be looking for the support levels to break and AAPL             to continue on a downtrend
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