AAPLE with a big drop
July 24, 2007 at 18:59 PM EDT
Chart courtesy of stockcharts AAPLE shares were down more than 6% today to 134.89$ reacting to AT&T Inc.'s initial sales figures for the iPhone. Today's ample ranging day (134-141) associated to the negative divergence of MACD in coincidence with the relative high printed indicates that lower prices should be ahead. The stock should move down to retest lower supports 132$. Keep an eye on AAPL tomorrow for a possible breakdown of this support. Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples. That's All. Have a nice evening !!! AC