Why You Should Sell Apple Now

By ChartLabPro.com  NOV 08, 2012 9:42 AM

But don't short.


MINYANVILLE ORIGINAL  What a difference a day makes. Today, our Apple (NASDAQ:AAPL) rating is a Strong Sell (1) on our 1-5 scale. This is an indication you should sell Apple now. This does not mean to short the stock. For readers who have been following us, you should have sold this name at $691 when it hit an approaching overbought level.

For those waiting to go long on the stock, there are two indicators to watch out for:  If it moves back to a Buy (4), or if it hits an Approaching Oversold level (the counter-indicator).


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No positions in stocks mentioned.

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