AAPL is looking cheap here and at some point soon buyers will start to come in, shorts will have to cover, and momo players will jump aboard. I think today could be that day.
Buying in and then hoping you might as well go to the track. Longshots can come in.
In this case you have wasted your money. This is a sub $300 stock, just working its way down to it.
When AAPL turns and begins moving higher, we will all be playing "Where's Waldo". Too many people would jump at the chance to own AAPL far before $300. If you're short and smart, take your well earning profit.
Go read up on reversals..in order for that to happen, you need extremely high volume, when AAPL trades 100 mil in a day, then buy, you have to exhaust all sellers in order for this to ever go up.
100 million? Hard to imagine 5 times average volume.
May be true, but often the high volume comes rushing in AS the stock is beginning to turn. I just bought a partial position and will wait patiently. I think we are near the bottom.
No way to tell.