Apple: Positive Posture But Immediate-Term Overbought
On April 25th I opined here: http://investorplace.com/2013/04/apples-chart-still-has-no-pep-in-its-step/ that Apple Inc. (AAPL) remains trading in a rather lackluster fashion. I further stated that for me to get interested in the long-side of the stock again it would have to trade above its 50 day simple moving average, which at the time came in around the 430 […]