pardeepk
Short

Short on Apple?

BATS:AAPL   Apple Inc
64 3 0
Seems as if apple             is starting its downtrend leading to a short to the the support levels. Suggestions are welcomed
Hit first level of possible support``
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I think you need to draw a trend line from the June 28th point at $388 up to the Jan 13th point at $530 for what I hope is an upward trend support, then watch for support failure there, then also create a "Fib Retracement" from the 06-28-2013 point up to the 12-05-2013 bar at about $574. You then have several possible support points, on the Fib lines at $530, $504 and $481ish. Of course earnings are next week... so who knows.
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I have 3 possible support areas lined up for AAPL: 525-526, 517-518, & 511
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