But AAPL has broke below it's trendline, and has not been down in these levels since Feb when 127 became the median. Do you really see it making it back to 127 anytime soon? Looks like it want to go lower. - PJ
Bag and hold, I think you are correct. Technicals are important. ( And you read that pretty accurate!) Also look at the options. Open interest spikes on puts and a drop on the OI of calls will help signal reversals too, you just have to monitor daily - PJ
p.s. Keep us posted on your analysis... you read it better than I do.