Tuesday, November 27, 2012

Quick AAPL Update

AAPL may see an upside counter trend move shortly, if it does, I'd be drooling over that to enter a short or put. As it stands now, I won't be adding any more to AAPL just from a position size perspective after yesterday's add.

 AAPL 1 min may give us a little bounce...

 2 min chart shows it wouldn't be more than that.

Here's where the real trouble with AAPL is in the near term on a pullback, lots of damage on a 10 min chart, this could be an ugly pullback that casts a lot of doubt as to the market's longer term ability to rally in most trader's minds.

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