Has Apple stock bottomed out today or will it continue to move down?

Question

Has Apple stock bottomed out today or will it continue to move down?

Answer 1

I think it will be neutral to negative until the actual release of the next generation I-phone in mid-July

Answer 2

i love apple, but the answer is NO

market is bearish, apple will keep going down.

it's just the beginning, I would say the price should recover or higher 2 weeks into earning.

right now I would sell it or buy some put options.

it's like a de ja vu if you look at it's stock price in Jan.

good luck

I am definitely waiting for a good entry point, Apple is great stock for a long run.

Answer 3

In my personal opinion which I request that you do no act upon without seeking advice, AAPL's downward momentum on the hourly chart is not currently slowing. Watch the final two hours and see if its ready to recover. Check the lvl 2 and see with theres a false support or a real bottom. From what I see its too uncertain. but I'm still confident about aaple's upward momentum. this is just an excuse to take profit.

I'd let it breath before considering entering.

If you're in to charting you might consider that we've seen a double top at 190 and at present we're through the previous low before the rebound.

AAPL long term up short term down

Answer 4

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