Expect a lot more pain until a Closed Mouthed Stingy Apple Starts saying something meaningful.....let us not forget they might miss 4straight quarters .......then what........If Apple wants to keep its mouth shut and continue to be stingy and arrogant they will see the stock under $400 soon.....
It is all up To Apple.......The enemy of Apple is Apple
Funds selling millions and millions of shares is called, drum roll please ... SELLING ... not "manipulation!" The shareholder base is flipping from growth investors to value and dividend investors and it takes time and pain to do so. It will be over soon and Apple will climb back to $700-$00 in the next 6-18 months.
Sine you like the word (manipulation) as a reference to the price movement "Up or Down" I think if you are long at this point you are are on wrong side of a a "up manipulation" and as [gtwn13] points out $390 or less before a sign of support then possibly a "up manipulation" move.
Well, AAPL touched 435 and bounced, then fell back to low 440's and bounced and now has fallen back to 449. If we fall to 445 and then bounce that will be three higher lows. Potentially bullish. Now if we fail and break the previous low of 435 then major trouble for AAPL. Probably looking down into that next major support level of 375-390.