Apple (AAPL) has now dropped -11.43% from its peak on July 31 o its low on August 17th. Currently, it closed down -9.62% through yesterday’s close. So is the worst behind us?
First, there are few shorts to support the stock. We note that our tech rank is at 20% which is weak, 100% is the best.
Next, we look at our bias and trigger indicators. First, Apple…