The Options are controlling price action in certain ranges, but it looks weak for sure. The WATCH commentary is not overwhelming, and the overall market is uncertain as to it's next move as well.
Longs should get out now before selling really takes hold...it won't be long from now...you have been warned.
Sentiment: Strong Sell
OOPS, downtown train is leaving station again, lower we go!
NO REASON??? Try all-time high valuation, bubbly expectations, UNPROVEN new product sales, market risk, end of the Fed fuel, etc.
I am very confident this stock is going down, and a down outperformance as compared to overall market.
GREAT to see the Bubble Sentiment's never-ending belief in a higher stock price so alive and well!
Have you already forgotten the impact of such stock beliefs from 1999-2000?
High likelihood that always owning AAPL (or most Tech) with such thoughts is going to be painful soon, IMHO!
Prepare for more pain you whiny Longs and Call Holders!
$118 occurs first, so better sell your CALLS or buy PUT protection very soon!
The Market gave a big fat PFFFTTTT! to the new WATCH announcement.
The overwhelming hyper-positive AAPL sentiment is weakening, the chart says so, so don't be surprised when this happens.
I will visit the Board when it does, laughing mightily at all the groans, whines, and calls for SEC investigations when this over-inflated balloon valuation pops loudly!