A lot of names have taken out the downtrend from the beginning of August and made new all time highs. AAPL is yet to do so. I posted about these trendlines earlier in the week and we saw a huge bounce from AAPL straight off the bottom line. Now we're back to the top end. If it is able to break above I'll be watching for any retest I can long on. Otherwise, epic fail and may head back to the bottom end again.
Chart PatternsTrend Analysis

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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