Apple Inc
Long

AAPL 6 month trend channel, 1 year trend line

166
AAPL has over corrected after the blow off top leading up to the 4 for 1 split on August 28th, peaking on September 2nd for a high of $138.54 ($554.16 pre-split adjusted). Since breaking below it's 6 month trend channel from September 16th till 9/28, AAPL is now back on track entering back into it's 6 month trend channel closing at $115 ($460 pre-split adjusted) Monday. My only concern is where AAPL 1 year trend line intersects it's 6 month trend channel near $120. All in all, with a market cap of 2 Trillion, AAPL is a company you want to invest in and hold till retirement, not really much of a stock to trade. If you owned $100 dollars of AAPL shares when it went public on December 12th 1980, it would be worth 100k today. Apple's stock has split four times since with a split adjusted open price of 39 cents each.

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