Thursday, March 7, 2013

AAPL: Apple: Desperately Seeking Capitulation

Apple: Desperately Seeking Capitulation
by George Kesarios

I confess, I never imagined that Apple (AAPL) would correct so much. My best cast bear scenario was around $480, but even then, I imagined the stock would rally again close to the $700 mark. Well as it turned out, the stock took out $480 on the charts and never looked back. Apart from a small 10% rally, the stock has been all downhill from there. read more »

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