8.23.2010

Leaders lag...


Leaders lag the market to the downside... Most stocks have corrected some, but consider AAPL, which has been "consolidating" for the past several months.. or has it? The stock price is flat, but the MACD shows that something omnious is about to happen... MACD is a leading indicator, and with flat price, and falling MACD, you have bearish divergence...
Watch $240...

tb

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