One technician is warning investors not to be fooled by the recent run in Apple.
After taking a heavy hit on concerns over slowing iPhone sales, the tech company’s stock is bouncing back, rising 6 percent in one month. But Todd Gordon of TradingAnalysis.com believes there’s a lot more pain coming for the popular stock.
“Apple has lost its uptrend and continues to be a weak stock,” Gordon said Tuesday on CNBC’s “Trading Nation.”