AAPL parabolic irrational exuberance.


AAPL monthly chart as of April 4 2012

AAPL daily, weekly and monthly charts are grossly overextended.
Vertical moves like this for any stock,commodity etc are unsustainable.
The inevitable reversal should be spectacular.
This is not a trade recommendation.
[disclosure: no position held]

AAPL monthly chart as of Feb 5 and originally posted Feb 10

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One Response to “AAPL parabolic irrational exuberance.”

  1. Thurs 24 Jan « ✽ Market Analysis ✽ Says:

    […] http://trader618.com/2012/04/09/aapl-parabolic-irrational-exuberance-2 […]

I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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