Apple (AAPL) at Make or Break Point ~ market folly

Monday, September 8, 2008

Apple (AAPL) at Make or Break Point

Chart says it all. Major bounce or major breakdown coming. Not to mention, they've got the "Let's Rock" event schedule for tomorrow, where everyone is expecting new iPods to be unveiled. Typically, Apple (AAPL) has been a "sell the news" type of stock. We'll see what happens tomorrow. Either way, an opportunity either long or short is setting up in this name. Watch the $155 level.

(click to enlarge)

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