Tuesday, April 28, 2015

Apple stock AAPL so much better results but stock went down...U TURN Sell

Apple stock AAPL so much better results but stock went down...U TURN Sell

Apple earnings for the quarter are fabulous. Stock was expected to go up big time. Last 3-4 trading sessions, it kept climbing in hope of better results. Results came better too but today after opening at a record high level, there was selling/profit taking. Everything else apart, though sentiment is bullish, actual actions are bearish. There is no such thing to rationalize why it went down today...A perfect U TURN sell signal today.

You can short with a stop loss at today's high price $135. I think sell off in the market is taking place shortly.


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