Tuesday 29 September 2015

AAPL - breaking strongly lower

Whilst the main market saw a day of moderate swings, there was significant weakness in Apple (AAPL), which settled -3.0% @ $109.08 (intra low 107.86). Near term outlook is for a test of the giant $100 threshold.. along with sp'1820.


AAPL, daily


Summary

The third consecutive net daily decline... as AAPL has broken rising support

*I am short AAPL from $110.39.. seeking an exit around 102/100 by Thurs/Friday.
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