Time to Take a Bite Out of Apple Stock?

By: David_Grandey

And of course here is our AAPL chart for the day because an AAPL a day keeps the doctor away.

1-11 See that POH forming on the micro chart just above? That’s why I said in the daily chart that it would not surprise me to see a retest of its highs. I haven’t looked when earnings are due yet but I’ll say this- IF AAPL stays up here into earnings and pops on earnings? I’d seriously consider fading (selling and selling short for a scalp) that pop (gap).

By David Grandey www.allabouttrends.net

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David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains. A successful canslim-based stock market investor for the past 10 years, he has worked for Meriwest Credit Union Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.

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