AAPL: Buying the Dips!

AAPL has correlation with Market Vectors Vietnam ETF (NYSEARCA:VNM)
Both are weak buy today.

 

AAPL testing the bottom of its current channel.
This article explains today's dip:
http://blogs.marketwatch.com/thetell/2012/12/04/apples-upside-may-hinge-on-new-products/tab/print/

Though the analyst still gives AAPL a price target of $780!

 

AAPL will see under $500 soon. The chart tell the big fish were out along the way from 500 to 700, only small fish in a pond.

 

what the fuck is happening to AAPL today?

 

To my untrained eye it appears to be going down.

 

more sellers than buyers possibly......hopefully marketwatch or cnbc will have the causal explanation after the close!

 

aapl broke supp at 70 and dropped to 50-41, nearest tl if that breaks is 534-5 big hns

 

i read that Margin requirements on Apple stock have been raised
by at least one Clearing house

marc

 

Also, there was a rumor about AAPL ordering less parts for March 2013 delivery.

 

consolidation.