AAPL – What On Earth Happened Yesterday And Where Will It Go Next?

By Chris Diodato

Following up on my post on Monday, available here (make sure to follow us if you have not already!), it looks like Apple decided to run into a wall at $675 on the intraday, and might have hurt itself.  Check out this video for the current analysis, including Japanese candlestick, volume, and Elliott wave analysis.  Also, new support levels are detailed.  Happy trading!

Metrotrader (D) is one of the few practicing CMTs (Chartered Market Technicians) in the United States . The CMT certifies his knowledge of market timing and risk management approaches. He tends to look for broad market moves and take advantage of them with index funds. The strategy he principally uses is mostly quantitative, and, tested, and has avoided or capitalized on every major recession since the 1940s. He says the best way to make money is to avoid losing it in the first place.

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