Spoke Too Soon… AAPL

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So much for our parabolic gorilla run for the ages… AAPL is selling off now like Peter Thiel was selling them to you at the Costco hot dog stand, after a egregious gap UP open of $670.82 and ripping to all-time record intraday high of $674.88…

So, for those interested and wondering if you should panic sell or try to get in on the action.. here are your Fibonacci retracement numbers:

23.6% Retracement Value  
38.2% Retracement Value  
50.0% Retracement Value  
61.8% Retracement Value

 

3 Responses to “Spoke Too Soon… AAPL”

  1. AAPL has a nice bearish divergent bar so far. I initiated a short position with put options and will add more if today low is taken out tomorrow. Your fib numbers look like good profit target potential. Thanks for sharing.

    • I, for one, am still retardedly long as fuck and will wait on better prices lower and don’t have the kahonas to short AAPL.., if it breaks thru yesterdays low, I will take more profits via letting it hit my stop there… Good Luck in all your trades.

      • I’ve a friend who is sitting on a boat-load of AAPL profit. He is of the same camp as you are.

        Thanks for the good luck and the same go to you (after I took my profit first, please!) 🙂

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