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Where Apple Stock Is Now, and What Levels Are Worth Watching
It doesn’t take long for investors to understand that irrational can remain irrational for longer than most think. So just as Apple (NASDAQ:AAPL) stock sentiment was soaring on the way up it is now sinking on the way down. Sure this can be a sign that a bottom is nearing but don’t kid yourself: price and price alone will be the final arbiter. And right now the price action is still quite uncertain. This conundrum leaves Apple stock firmly in “prove it” territory especially for longer-term investors. For more on this see my previous column on Apple Technical Resistance and ...
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