Apple - is there a future?

Steve Jobs died, will Apple die with him? 

It is a fact that when Jobs left Apple in 1985 the companies success vanished. Jobs in that time successfully established Pixar as one of the leading animation studios and later sold it to Walt Disney. Later when he returned to Apple, he saved the company from bankruptcy turning the tables with innovations the world had never seen before. 

I am convinced that Apple without Steve Jobs just is not the Apple we know. Jobs used to control every detail in the invention of a new product. IPod, IPhone and IPad, everyone of this market-breaking devices was his and his only concept.

So the idea is to short Apple stocks. Stock price is bound to company health. If Apple goes down, what I expect, stock price goes down as well.

No such decision should be made solely on suggestions. That's why we take a look at the chart.

Uptrend is intact, long-term and short-term trend-lines and EMA 200 are still valid.


Shorting should be considered at breach which means: when price reaches 340 points you go short.