Thursday, March 8, 2012

AAPL-Remember the 15th?

 This is the 15th on a daily chart, way out of character for AAPL's trend.


Here's the 30 min 3C chart, since the 15th, I have said, I believe this was a major event and we will look back upon it and see it was so. This may have been the day, the back of the current trend in AAPL was broken. 3C has been in a leading negative divergence since the 15th.

Could this be why? We know we are way behind the information curve, but could Wall Street have been aware of this problem summed up by the WSJ?


U.S. Warns Apple, Publishers

Justice Department Threatens Lawsuits, Alleging Collusion Over E-Book Pricing


The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter.

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