$AAPL’s Next Move: Beats Me, But Rest/Retrace “Couldn’t Hurt” (Chart Checkup for 5/28/14 Market Close)

Get it? Beats? I’ll be here all week.

First red day after seven straight green sessions, down about $1.60. A huge move from 511/524/(pick your measuring point). Beats acquisition confirmed, and WWDC’s just a few days away (and of course you already know about the 7-for-1 share split soon after that).

Charts might be “less instructive” than normal, and who knows what Monday’s trading will be like. So with those caveats to go along with all my other disclaimers, my “reminder” to DYODD, etc., let’s see if the charts still hold fragments of clues.

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