Double top is a concern but that is in the $120 range. If it breaks thru it, it will become support and Cramer will be screaming BUY BUY BUY. I mean, the guy is fun to watch but so are clowns...LOL
Sentiment: Strong Buy
What will we open at Wednesday AM?
My Guess :$122.50
Looks like it was a bottom. I think this is the run into earnings. It'll be interesting if the pre-earnings run will take it back to $120 and if we can power thru the old highs.
And there ya go...mid-day reversal. Not that it matters much, I'm looking big picture for AAPL not minute to minute. I still think we see $120 by earnings...on speculation alone.
That always seems to be the case when these paid basher trolls show up on the boards. They are either short (which is idiotic to do on AAPL pre-earnings) or trying to push it down for a bargain buy. Easier just to ignore the noise.
Sorry to see this board fall into the hands of this basher. Obvious stupidity but what can you do.
I think what we saw in the market and Apple was new year profit taking to avoid 2014 cap gains taxes. I see a nice run back toward $120 before a great earnings report. Great time to jump in IMHO.