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Time to kick them under the bus?? AAPL Slides Under 50 DMA As Wal-Mart Implodes

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 23 Apr 12 6:11 PM | 100 view(s)
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Submitted by Tyler Durden on 04/23/2012 10:02 -0400

Apple
Displaced Moving Average
Reality

Europe's overnight reality check is weighing on stocks broadly but two names standout. Apple is down once again, and below its 50DMA for the first time in four months but it is Wal-Mart that is struggling under the weight of the Mexican debacle. Walmex is down over 25% at the open and WMT opened down over 5% on huge volume. Apple and Wal-Mart bounced out of the gate off those lows but are leaking back now.

Wal-Mart struggling after initial bounce as it gets dragged back to VWAP...

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Uploaded Image Is It time???? huh huh huh lol




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