Friday, June 1, 2012

7:25PM, We Now Return to Our Regularly Scheduled Downtrend

(Green Apple) Given the indices are oversold, and AAPL's sitting on two trendlines, it would make sense to have an oversold bounce on Monday.  It would also make sense to continue selling off and retest the lows.  So, we'll just have to wait and see, as always...

AAPL Daily Chart - as of 06/01/12