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Should You Buy Apple or Exxon? The Answer Is in the Charts
With Apple (NASDAQ:AAPL) making new 52-week lows today Exxon Mobil (NYSE:XOM) has actually surpassed it as the stock with the largest market capitalization in the stock market.  That seemed unthinkable just four months ago but AAPL’s descent has been swift and steep. Based on the charts which stock would I prefer to buy here? This is a 2-year chart of AAPL: AAPL 2-year chart Courtesy of Bloomberg   The 425 area served as resistance in the fall of 2011 and when AAPL finally broke above that area at the start of 2012 it was off to the races. The ...
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