Whether it's the "death cross," higher capital gains taxes, a right shoulder that forms in January, the fiscal cliff, a parallel to the historical decline of RCA, or the Mayan apocalypse* (sarcasm) that induces further selling in Apple - the world's largest company is now trading like a schizophrenic penny stock. Yet targets haven't been lowered and retail is...
Technical breakdown in broader $QQQ and $AAPL at today's close makes S1 at 633.67 testable in pre-market. Possible trading range between S2 at 629.16 and S3 at 622.22 as volume dwindles in middle hours of tomorrow's session. Breach of 620 without volume drastically increasing like in previous $AAPL corrections may be the signal the "buy the dip" scenario hasn't...
