Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

AAPL - Is This Exhaustion Gap

|Includes: Apple Inc. (AAPL)

From http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysi

Now look at this chart

AAPL Chart

Was this an exhaustion gap? Seems like so as Volume was high and Gap was big. With financial cliff so close, if the selling was because of capital gains tax then it should be finished. Coming days will tell more

Disclosure: I am long AAPL.