Are Apple shares headed for the $70s?

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    Hannibal X
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    Are Apple shares headed for the $70s?
    By BARBARA KOLLMEYER
    The chart, says Knight, is “jumping up and down bearish,” showing a huge topping pattern in the green box at top right. To some, that means the end of rising prices. Knight is so convinced that Apple AAPL, +0.55% shares are headed much lower that he shorted the stock on Monday. A close up of that chart and green box showing the bearish sign can be found on the blog here.

    Apple stock headed for 70s

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