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Private European Investor and Fulltime trader. Legally trained with focus on commercial law. For my buy and sell decisions, I use Elliott Wave Principle. Fundamentals and education helps me to understand where we are today and where we are headed. Annual P / E ratio = future lies Fibbo, Gun,... More
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  • Apple Moves Closer To A Death Cross 3 comments
    Dec 3, 2012 9:43 AM | about stocks: AAPL

    Apple goes against the Death Cross

    It looks inevitable out for Apple to not generate the feared sell signal Dead Cross.

    It is the opposite of Golden Cross (buy signal) shares gave back in 2009.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: AAPL
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Comments (3)
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  • Financehulligan
    , contributor
    Comments (1056) | Send Message
    Author’s reply » Or maybe its called iiiiiiiiiiiiiiiiiiiiii Dead Cross :-)
    3 Dec 2012, 11:46 AM Reply Like
  • Rickthegeek
    , contributor
    Comments (114) | Send Message
    I just wrote about this 3 days ago. There has been NO time in the last 4 years that the Daily 50MA has crossed the Daily 200MA. (the death cross) The last time Apple did this was in late November of 2008 and then it eventually dropped about 82%, reaching it's low of around 25 dollars around January of 2009.


    There has been new innovations and products they have produced which has increased their stock value exponentially. They deserve it because they led the way with quality products. The issue now is, you have competitors who have come out with products that are hitting the markets to compete with them. (the smartphone from Android really has been out for about 2 years now that has many of the same features). More and more are coming out with similar products. For close to the last 4 years, they have really not had any competition.


    The last couple of years these competitors have been catching up. It is only a matter of time before Apple gets caught. This competition is actually good for the consumer because it will mean Apple (AAPL) will have to figure out a way to sell their product cheaper and be more competitive in price. Unfortunately, this means the value of Apples (AAPL) share price will take a hit.


    I was listening to the news this am on the way to work and some analyst said he thought the stock was going to drop 40%. Apple received this percentage downgrade. Is this true? I don't know about that but it could happen.


    The truth about any company that has to continually innovate to keep up is they are only as good as their last quarter. Apple has had an excellent run of quarters for the past 4 years.


    Maybe it is not over for Apple as I am sure they will continue to innovate new products. The difference now and going forward is there are more players involved in the game.
    5 Dec 2012, 05:35 PM Reply Like
  • Financehulligan
    , contributor
    Comments (1056) | Send Message
    Author’s reply » Hole Apple organisation is in denial since some years, beliveing that change size is to innovate. It will take many years for Apple to come up with something new. The problem with Apple-maps are just further proof that Apple does not understand themselves anymore.


    There are so many flops in the iPhone 5 that I can not be bothered to line them up, it looks like a can of sardines.


    (albeit sustainability cans of sardines is more sustainability then Apple's iPhone 5) - Looks like this after only two months :-(

    5 Dec 2012, 06:13 PM Reply Like
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