277 - 279 give or take. I think that will be it for this company in this current cycle. Sales are dropping year over year. They are buying back there own shares that's not innovative. The downside risk is a lot greater then the upside risk at this point. It might overshoot the line by a couple of dollars but I wouldn't count on it. All thoughts are welcome. Thank You
It looks like volume has been going down for a long time now.
Are you referring to short term of under 6 months?
I'm not a day trader I just look at stuff on a long term basis I just know from past experiences that usually a 36 years old trend line is usually a pretty strong barrier.
With Volume going down, revenue going down, It's just hard to imagine this thing blows through that line like it's nothing.
SwissVegaPhyle
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@ecramer it’s going to be interesting to watch it play out. I’m just afraid at this point Apple represents a lot more then the company itself. A few weeks after buying some puts myself, I feel more and more like I’m rooting against America. Longer is stronger, hopefully you’ll be right on with your prediction $$
Are you referring to short term of under 6 months?
I'm not a day trader I just look at stuff on a long term basis I just know from past experiences that usually a 36 years old trend line is usually a pretty strong barrier.
With Volume going down, revenue going down, It's just hard to imagine this thing blows through that line like it's nothing.