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

5 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.

payday loans

Commodity Tips said...

First of all let me tell you, you have got a great blog. I am interested in looking for more of such topics and would like to have further information. Hope to see the next blog soon.

Stock Tips said...

Excellent tips. Really useful stuff .Never had an idea about this, will look for more of such informative posts from your side.. Good job...Keep it up

Equity Tips said...

Finally wait is over and found some new article in your blog.. the topic of your blog is really nice and modern which helps many people.. thank for share looking for your next post.