iLove the Products, Not the Stock

Apple AAPL is a great company with great products and a huge market cap. I have no doubt they will continue cranking out great new ideas. I, for one, love both my iPhone and my iPad. My love for the stock, on the other hand, is another story. Nearly every trader and investor knows, or at least has recently come to realize, that no market goes straight up or straight down. The ebbs and flows of the markets are the natural order of things as traders change positions and reallocate capital. There comes a time, however, when the natural ebb and flow mutates into a tidal wave of change. It is at this point in time that many investors get caught off guard and have their heads handed to them. How do traders step back and recognize a shift in sentiment well before they are issued a margin call? That is where the weekly charts come into play. A weekly chart cuts out all of the noise and presents a picture that resonates with clarity. This weekly chart of AAPL shows a sell signal on the TTM (TradeTheMarkets) Squeeze on September 12, 2008. At this point in time, APPL toppled in price by over 50% as the markets got hit. On April 3, 2009, a buy signal emerged that pushed AAPL up well over 100%. And on March 12, 2010, another buy signal fired off that pushed AAPL from $200.00 per share up to its all time high of $279.01. To read the rest, head over to TheStreet.com