Would not want to be short
Until it breaks above the trend line it ain't going anywhere. People really selling to buy Facebook?
This is could move fast with a break above this trend line.
Like to see a break above $107
Apple broke below the support from yesterday and was a great short. Here is today's ranges, go long above and short below. Good Luck
Don't trade the noise, watch for the trend and if it changes.
A Close above $554.50 would give us a good Bullish Engulfing Pattern. That would bring in a lot of buying with short covering.
This pattern has a long history of deflating after a long and hard period.
