AAPL Breaks Down!

Apple Inc. (AAPL) gapped down this morning, which extended the down column of red O's from late Friday afternoon to a new corrective low at 642.

Today's break down triggers the potential off the enclosed P&F top pattern, which projects into the 620-610 area.

At this juncture, AAPL must print 650 to trigger a blue column of X's, which will represent a counter trend rally, not a buy signal.

AAPL needs to climb to a 660 print to trigger a reversal buy signal today.


  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!