Back on Feb 15th, AAPL had an intra-day reversal off an all time high much like it had today. The Day charts have the potential to be amazingly similar. Both showed relative strength in the morning to the broad market and both ended up collapsing in a straight line, down about 3% before consolidating. But on Feb 15th, AAPL made a new low from the morning, closed on the lows of the day, and gapped down the next morning. Will we see similar action into today’s close and on tomorrow’s opening?
FEB 15th & 16th INTRA-DAY CHART AAPL:
March 5thINTRA-DAY CHART AAPL: