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Re: kenl post# 42806

Monday, 02/01/2010 11:12:41 PM

Monday, February 01, 2010 11:12:41 PM

Post# of 51808
APPL e-waves Choppy

The move from the top in AAPL is choppy and difficult to count. There are some technical indicators that should be useful. The lower channel of the multi-month rally has been broken. So has the 50 day moving average. Volume has spiked. The relative strength indicator made lower highs as the price went up, also known as a negative divergence which is signalling a major trend reversal in the making.

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