APPL's Head and
Shoulders
"Apple's stock looks to have formed a head-and-shoulders
top, Ross said, a technical sign that the trend has turned downward
after a brief move higher. Additionally, he said the stock has
struggled to rise above its 200-day moving average since its August
lows.
At a minimum, Apple may test the low $90 level, Ross said.
However, following the drop from its highs in 2015, he sees an even
steeper potential fall to $72. Apple shares fell 2 percent on
Wednesday to just above the $100 level."
finance.yahoo.com/ne...6.html
|
|