There are plenty of reasons not to short Apple (AAPL) no matter how good the chart is.
Let’s see:
- They are the biggest best company in the world
- They have a product with incredible demand despite a lagging world economy
- Cash flow is ridiculous and they can really cause a stir at any moment and without notice
- Because they are Apple
Now that I got that off my chest – let’s talk about the AAPL chart below.