2/28/2012

Divergence Forming on AAPL… Buyers beware

I posted a cautionary article about AAPL a few weeks ago, but it continues its massive rally. Take a look at the chart below, and then throw caution to the winds. Its 5-wave small-time-frame rally appears just about finished, and there is ominous MACD divergence.

022812_aapl_4h

6 comments:

agriculture investment said...

I think at this point it is very dangerous to buy AAPL. I could easily see a 10pc correction from these heights.

jeremy said...

Im looking close at this chart now.

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Penny Stock Newsletter said...

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