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Aug 4, 2015
8:17:22pm
This is a key level watched by many - expect some follow-throught
selling here before things stabilize and start to rise again.

I get the impression that the Apple execs were talking down the stock a little on the last earnings call because they felt things were getting ahead of themselves. They had record sales in China, but cautioned about next quarter. We've seen some steady selling since then and that's brought the stock to this point.

I wouldn't be surprised to see it get close to $100 before stabilizing. A little pull back on a high flier is usually a healthy thing, so no need to panic yet.
Jersey hunter
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Jersey hunter
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