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Ape
Oct 2, 2012 5:49 PM

AAPL Breaks Major Support TA 

Apple Inc.NASDAQ

Description

Look out! AAPL broke what was a 5 week long term support of 655. The technical indicators on both the MACD and RSI indicate there is room for AAPL to slide down further. AAPL might catch a bid at minor support of around 648. If the technicals are right, It might be a place to go long with a tight stop. I prefer to see RSI in low 20 range with MACD near 7
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