A 20 year look at the $AAPL Chart – Don’t look
What is most startling beyond the obvious run up in price from $3.19 a share on July 7, 1997 to 705.07 on October 1, 2012. is the DRASTIC drop in volume since capitulation on 10/01/08 at 100 a share.
Something is going to cause this volume to pop back over the downtrending line almost four years in the making…. 535 is the line to watch going into tomorrow….. under we see a air gap into 505.
Below 500 could be the event horizon where gravity becomes so strong no matter can escape… or electrons for that matter. Until say 450?
|20 year apple|