Point and Figure method - trading journal

Apple, apple, apple.... :-( So AAPL opens down alot AGAIN.... once leaders, will they lead everybody else down as well
 
AAPL had a catastrophic day. Plunged below previous support on the P&F chart. A technical analysis on a barchart would show AAPL at support is considering OHLC bars and not "close only".

SP500 is at resistance and odds are we are in for a reaction, which could fuel Apples down move even more. Let's see what next week brings us.

http://www.paf.am/?di=Z1G9
 
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