Wednesday, March 28, 2012

AAPL 60 min

AAPL - As you know, the uptrend line AAPL has been astonishing. However it's one to once in regards to the general market, since it represents about a 15% weighting with respect to the Nasdaq 100. Here's a 60 min chart, perhaps a bear wedge is forming inside the uptrend channel, and there is negative divergence; something to watch!

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