AAPL its like apple is in a contest for the sloppiest chart in the market. and i think its winning. The overall placement and nature of this price action has it real hard to decipher whos in control here. Just when it turns uber bullish the bears manage to reverse it and when it's on the verge of collapse bulls come rushing in. Don't get me wrong I love the intraday volatility but as far as figuring out the larger move at hand this stock keeps juking and jiving. I'm not going to over draw all these micro levels so I'll keep things simple. I still think 448 is a pretty key level for it, so to me the stock becomes BULLISH above there. Else it just has way too much immediate supply to fight through to be a clean long. I've been bullishly optimistic throughout this price area and gun to head I remain that way, but increasingly neutral.
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planetcreation
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Very nice commentary. Interesting to see how the market reacts to the WWDC conference today.