AAPL scored a new high yesterday going as far as $422. However, the finishing is weak and it closes down at $413.
Overall the general market sentiment is still bearish with the SPX failing to breach 1227 yesterday and closing down as well.
If AAPL is a leader and indicator for the general market, then yesterday’s price action ending with a doji is worth taking note of.
This is a possible reversal. Stay nimble.
