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Swing trading stocks and ETFs with a solid approach to technical analysis.

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Morpheus Trading Group
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Advanced Technical Analysis of ETFs
  • Why Apple Is In Danger Of Breaking Below A Key Support Level 0 comments
    Nov 6, 2013 11:57 AM | about stocks: AAPL

    Apple is now showing relative weakness, which appears to be the eventual follow-through from the bearish engulfing candle (and subsequent bear flagish pattern) that formed on Oct. 29.

    If it breaks below the $514 level, selling momentum will very likely increase substantially. Here's the situation in $AAPL right now:

    (click to enlarge)$AAPL in trouble?

    In case you missed it, here is my original SeekingAlpha post pointing out the $AAPL sell signal on Oct. 29.

    Ok, Apple fanboys, go ahead and flame away. ;-)

    Just being objective, as I am with every stock, regardless of how much I like the product or service.

    Stocks: AAPL
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