Monday, April 16, 2012

AAPL – First Real Crack Appears in Apple

If this is a normal correction in the markets (between 5-10%) then AAPL should visit $570 at a minimum. If the correction turns into something more severe (greater than 10%) then I could see AAPL falling as low as $450-$470.

The best reward/risk to short would be to wait for a retest of the $620 level.

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