RE: Bearish Engulfing Candlestick Forming On Daily Chart
I have to disagree with the chartists on this one... Take a look at the chart you posted, specifically October 8, 2013. APPL had more than a 10% run and positive in 10 of the next 12 trading days following that October 8th "bearish engulfing candlestick."
Fundamentally, Apple is a solid value company. All we are seeing now are shares changing hands from the growth investors to those that see value in a very inexpensive stock. IMO.