AAPL just closed well below the 200SMA which its been straddling for a couple days.
This is not a great sign, computers will take the opportunity to sell.
AAPL just sold off with the rest of the market in the last hour.
Depending on the market tomorrow look to see if people are buying the dip or not.
If AAPL closes this week below the 200SMA should expect to see some more bearish moves for the month.
Potential supports in the 150 range and then 142.50 after that.
As it stands, doesn't look the the previous markets supports formed on the 6th will hold.
This is not a great sign, computers will take the opportunity to sell.
AAPL just sold off with the rest of the market in the last hour.
Depending on the market tomorrow look to see if people are buying the dip or not.
If AAPL closes this week below the 200SMA should expect to see some more bearish moves for the month.
Potential supports in the 150 range and then 142.50 after that.
As it stands, doesn't look the the previous markets supports formed on the 6th will hold.