Ape

AAPL Finishing its' Gap Fill; Still a Bear

Corto
BATS:AAPL   Apple Inc
2
Recently AAPL has begun to show signs of life, moving nearly $40 off its' low. Unfortunately for AAPL, it is failing to create any new highs in the MACD or RSI casting doubt on the most recent rally. Another alarming sign is AAPL is butting its' head against the upper linear regression line, another bearish sign. I think the smart move would be to look for an opportunity to short because I believe this recent move is nothing more then a GAP FILL.

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