Appears Money flow (MFI) has reversed to an outflow, cycles topping (channel upper cycle lines may have crossed - sell). I suspect it is topping.
GL traders.
Thursday, February 23, 2012
02-23-2012 Is APPL ready to top?
AAPL has had a heck of a run last 3 months. Today was the investor conference. No dividend announced. Pretty ho-hum event. So I looked at the chart:
Appears Money flow (MFI) has reversed to an outflow, cycles topping (channel upper cycle lines may have crossed - sell). I suspect it is topping.
GL traders.
Appears Money flow (MFI) has reversed to an outflow, cycles topping (channel upper cycle lines may have crossed - sell). I suspect it is topping.
GL traders.
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