After reaching an all time high of 705.07, AAPL has retreated and gave back more than 13% from its high. Is this the correction for AAPL or will it go lower? Next Tuesday, 10/23/2012, AAPL will be announcing the highly anticipated Ipad mini, and then after the market closed on Thursday it will release its quarterly earnings report. These events will certainly bring some wild price movements. The key questions to be answered are "Will the Ipad mini be a game changer?" and "Will AAPL continue to deliver extraordinary financial performance?"
Here is a look at what took place in the week just ended and some possible levels to keep an eye on.
Click on this link to view the video if you do not see a video player on the screen.
Disclose: Long AAPL PUT
