AAPL

Apple Inc. (AAPL)

This stock continues to disappoint. The sentiment is uncertain. Weak hands continue an outflow of their shares to people that want to buy the stock cheaper. No new products will be announced until September, and all there is is only speculation through patents. There doesn't seem to be any hint on increases on dividend nor share buybacks. Competition is not standing still, including my new favorite company Sony. Tim Cook's approval rating must be declining from his top ranked  in March 2012.

However, this is already baked in. Momentum continues to mangle this stock until something tangible comes out like a product or distribution. The Fibonacci level of $425 is make or break for this stock, and we are only $5 away. If that holds, then there is some technical support that this has a chance at regaining its price of $500.

I'm going to buy into the fear and play the waiting game.