SharifAzadeh
Short

Apple stock to fall more

NASDAQ:AAPL   Apple Inc
159 2 2
May is definitely one of the worst months to be in the stock market and it seems that this year this pattern will continue. Regarding specifically the Apple             stock, the formation of massive bearish 'engulfing' pattern accompanied with much above average volume shows that the big, smart money has 'distributed' its holding into weak hands and thus I expect a bearish picture for Apple             .

The first target for this bearish onslaught will be the 119.57 level and we should watch what will the market dictate when the price reaches there.

Good luck,
Rising on low volume and falling on high volume; a typical warning of an impending reversal.
Reply
http://www.cnbc.com/id/102686479
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out