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Thursday 27 June 2013

Apple stock update

More news on Apple:
Insider trading shows Apple's executives dumped thousands of shares

Earlier we stated that: It's normal if it tries to rebound back to 400 but will most likely fail & fall again
And it did, Apple went up a lot to 401.3 but eventually fell back below 400 & it's now at 397
The rebound was most likely due to positive economic news & bargain hunters buying Apple below 400
However, with increasingly more bad news on Apple, it's expected to drop below 395 at the end of the day

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