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Time To Take A Bite Out Of Apple?

Posted on the 11 January 2012 by Phil's Stock World @philstockworld

Courtesy of David Grandey of All About Trends

And of course here is our AAPL chart for the day because an AAPL a day keeps the doctor away.     Time To Take A Bite Out Of Apple?       Time To Take A Bite Out Of Apple?  

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).

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