Here is a chart and TA for AAPL, top was placed in 420's three weeks ago, continued weakness projected for weeks and months ahead.
AAPL Daily Chart H&S Negative Divergence Top:
Keystone posted this chart on 9/19/11 calling the top in Apple due to the negative divergence and rising wedge shown by the blue lines. 420+ was the magic number to hit, which AAPL did, then rolled over. Steve Jobs passed away in the interim. Price is now back kissing the thick blue line. The neon green lines and circles show weaker indicators for the August-October low-to-low prints; this is bearish moving forward since it forecasts lower lows in the weeks ahead.
A pink H&S is now in play, note the formation of a right shoulder now. This H&S has a head at 420, neck at 360, so that is a 60 difference which targets 300-ish, which is also horizontal support. Projection is for AAPL to continue sideways to sideways lower for the weeks and months ahead.
For AAPL chart use search box above for keystone speculator.
Yeah. The thing about charts right now is that they are all pretty much distored by the continuing, Ground Hog Day obsession with the morass in Europe.
Unless you take a much longer range view of your aggregate data under these circumstances and just resolve to take the daily beatings as stocks mindlessly gyrate shorter term, you're probably going to draw wrong conclusions from traditional charting methods.