The Long Term Uptrend is still in place. Technically, it's still just an orderly pullback to the 40 wk. MA. AAPL might slow down or go sideways for a while, but I can't see any reason for it to crash. The fundamentals are just too good. Of course if we go into a Bear Market, AAPL will go down with everything else. All the funds own it, so unfortunately it will probably be sold off first to take profits. Hopefully, it won't come to that. We'll see.
SAN FRANCISCOâApple Inc. kicks off sales of its iPad Mini Friday, seeking to maintain its leadership of the tech industry. Apple confirmed that initial sales had begun in New Zealand for the device, which measures 7.9 inches diagonally. The device's launch marks a new chapter for the Cupertino, Calif., tech giant as it sells its first major new device since the death of its co-founder, Steve Jobs, last year. It is also part of the largest product push Apple has had ahead of a holiday season in its recent history.
"Apple Below $600: Trick or Treat?" http://seekingalpha.com/article/968181-apple-below-600-trick-or-treat
Looking at 1 year APPL chart , it is easy to understand and It pull back to buying opportunity. If get a summary of chat , It is increasing chart.
"Don't Count Apple Out Just Yet" http://seekingalpha.com/article/966821-don-t-count-apple-out-just-yet
"Will Apple's Products Cause Speculative Stock Valuation?" http://seekingalpha.com/article/968381-will-apple-s-products-cause-speculative-stock-valuation
November-April Rally: 361.77 to 641.25 = +77.25% April-May Pullback: 641.25 to 519.95 = -18.92% May-September Rally: 519.95 to 705.07 = +35.60% September-November Pullback: 705.07 to 587.70= -16.65% November-April Rally? [+77.25% = 1041.70] [+35.60% = 796.92] :eek:
you keep changing your chart so your blue line works..whats the point if you arent going to be consistent with which one you use?