Ask The Trader, From The Right Edge, Simple Trading

AAPL – Simple Trading Update – 13 September 2013

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There have been lots of questions about AAPL and its fall a couple of days ago. We took the liberty of doing a video chart analysis for members.

The reader’s digest version is that AAPL may very well have resumed its downtrend… crossing and closing below both the 200 and 50 day exponential moving averages suggests just that.  That said, there are a couple of rays of light that make it less than foregone conclusion.

Tell your peeps...

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