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TwiSell
Nov 29, 2017 4:49 PM

Long term trend on AAPL since 2009... will it go south again? Short

Apple Inc.NASDAQ

Description

Apple fundamentals tells us that the company is doing very well. However twice in the past the stock have experienced a sudden drop, disconnected from earning results and real world performances, when rising higher than a trend-line that start in 2009 when investors finally get interested in AAPLafter the iPhone success.

This phenomenon was pointed out in my previous charts (see link below) and is observable independently of the scale used so I used weekly bar on this one.
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