Apple Inc

AAPL - found the Yellow Channel - GP support of lower .5 channel

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Happy Weekend All, preparing for the split - my expectation is that the charts will hold up with the new lower prices. What will happen to the price action is very interesting. Psychologically, lower prices may in fact draw new money into the game. Must be on alert for sell the news event. On Friday, options expiration, there were a bunch of late afternoon fake-outs. The chart provided supports to minimize losses - get to the sell button when it goes the other way :) The echoes of the Diamond created from AAPL's earnings bull run continues to provide the support and res slopes for the next chapter.

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