Rotten AAPL?

Apple (AAPL) Weekly Chart  

AAPL Fell out of the Bearish fork (Very Bad)

• Last leg of support is at 460
• Next major support at 350
• Break above 480 would be Bullish
• Gave major warning AAPL was in trouble
• Hope you had stops in

Get Out of The Zone

Autozone (AZO) - Weekly

AZO forming round top much like we saw in Best Buy in 2011

• AZO is in a major Bear fork
• Break below 330 would be very Bearish
• If AZO can break 370 it would be Bullish

For AAPL the dead drop will continue

• 460-480 will play as support
• Most likley short term bottom
• Break below 460 would be very Bearish