Trend line of the Apple price move from the March bottom near 219 shows a vertical almost straight up move in the stock which invites the eventuality that the stock could fall substantially, on any bit of market disappointing news.
You can see rom the indicator box, shown here, that the ATR Indicator shows a significant bearish divergence including the most recent down turn in this indicator, when AAPL was making a new all time high.
Apple's stock could break down significantly, taking the rest of technology with it. Think Nasdaq 100, which has already shown it's first sign of a" technical crack",in the last two weeks.
if a stock is priced to absolute perfection like Apple is, there is ultimately no room for error.
Divergence confirmed on NDX chart... should be a couple weeks of selling. I think the charts of Apple and Microsoft might be confirming this impending downtrend. How low will the NDX go?
ATR settling down during run-up meaning easy buying hype is over?
Easy money could be on the short side now, while retail traders scramble yo leave ship