Friday, April 13, 2012

AAPL bear wedge playing out

AAPL chart URL here\'s a 15 min chart of AAPL we showed back on April 9th: at the time we showed that AAPL had formed a well-defined bear wedge, as you can see it is playing out well.  

Of course this should not surprise anyone, AAPL was due for at least a small correction.  The bear wedge was text book and is playing out well and the trade played out for a nice trade!

Otherwise realize that AAPL has earnings on April 24th, therefore I would not be surprised to see a slight bounce into earnings

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