Expect Apple dip after stock split: Technician – CNBC.com

Apple’s seven-for-one stock split may spark a short-term selloff, Greywolf Execution Partners Chief Technical Analyst Mark Newton said Friday. “The stock has gotten to nosebleed levels,” he said. “I don’t think the stock can make much progress before it pulls back.” On CNBC’s “Fast Money,” Newton said that the stock, which had been up more than […]