Don't get me wrong, I love Apple - in fact I only have Apple products in my house, but I've also seen what the competition has to offer. For the past few years, especially last year it's been noting but a bull run for Apple, that has to come down eventually and ever since it his the $650 area, it's been going down (with almost $200 in a matter of not even six months!) If you own it; dump it! If you don't, short it! There's some serious money to be made in $AAPL!
|Apple ($AAPL) stock price visualized on a chart with a so called 'Pitch Fan'. You can see that Apple's stock price drops through all the support levels (click image for a bigger chart).|