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Is Apple Set For a Fall?

Apple (AAPL) is down from its all-time high and the question is: Will AAPL go higher or will it turn to the downside?

The stock has completed four stages of the current multi-year upside.

For the last multi-year upside from 1997 through 2000, AAPL completed four upside stages and then prices collapsed.

Will history repeat itself? Probably and it is just a matter of when. Be careful with this stock.

Click on the blue chart to the right to see more information about AAPL.


Related Articles:

Anatomy of a Bubble Top
Price Patterns - A Bubble Top is an Extreme Pattern
Price Upsides Often Occur in Three Stages

Posted January 18, 2007.

 



 

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