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Long AAPL
Here is a video that discusses the AAPL trade.
[url]https://www.youtube.com/watch?v=gLTmHboZw6M[/url]
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AAPL weakness
Pascal,
I would be cautious about AAPL.
It broke with a gap down the trendline support started in April 2014.
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It seems that a recover attempt to 125$ zone could be a good short setup.
I agree with you as you wrote in today’s comment that “it broke below its Lower Boundary. This indicates a possible trend change”.
The Nasdaq shows the same behavior. In this example even the 100 days MA is acting as a resistance.
Here the Nasdaq 100 Index chart.
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Maybe AAPL will act as Nasdaq 100 with a failed recover attempt at the trendline.
Artur
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Indeed...
Today's selling is rather strong. So no trade for now.
Pascal
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Short Sales Are at Their Highest Level Since the Financial Crisis
[url]http://finance.yahoo.com/news/short-sales-highest-level-since-134209395.html[/url]
Artur
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Great! So we go higher from here on a short squeeze!
Pascal