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AAPL and BIDU head for the exits. VISA & GOOG RS emerges.
Visa is emerging from a 3 weeks tight pattern and a long base (seen on a weekly chart)
The stock is hitting a new high but the RS is slanting down due to the fact the stock is underperforming the market today, should we be concerned?
Virtually no leading stocks are outperforming the market today. Visa has a relatively low risk entry point here, with a stop at the 50 day moving average
From the looks of it, we will probably have a FTD today.
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