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Head And Shoulders On AAPL

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November 29, 2010 – Comments (1) | RELATED TICKERS: AAPL

Apple (AAPL) has been the market darling for a long time now for investors, especially those who have managed to hold their shares through all the breakthrough innovations from the iPod to the iPhone and to the iPad. However, lately, it has been showing some weakness, beginning with what we saw with their earnings report and ultimately followed by a lower-high and lower-low on the charts. And now what you have is a head and shoulders pattern developing, that, should the market continue to march lower in the days ahead, may allow us to see a breakdown in AAPL that we haven't seen in quite some time. 

Here's the Chart Analysis on AAPL.

1 Comments – Post Your Own

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