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Apple Inc. Message Board

  • jwalker.mailbox jwalker.mailbox Feb 18, 2013 9:37 PM Flag

    AAPL not out of the woods yet

    After the recent spike to 480 I thought we could settle into a range of say 460 to 500. The pace of decline to 460 suggests a lower trading range. Unfortunately we are likely near the high of the range. I'm looking for 444 to 471 this week. AAPL sold off every day last week in the mid afternoon right into the close. Also last week it made its high in the first hour in 4 out of 5 days. No sign yet to point to that this stock has stabilized.

    Sentiment: Hold

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