Search results

Not drawing any conclusions, and realize it's Xmas Eve. Just noting a possible beginning of behavior changes for AAPL. When did it last go up when the averages were down? A Condor with the top at 525? Might be a bit tight. One more day like today and that will be it. :)

More positive price action from AAPL so far this morning. $COMP, $NDX, & $SPX Indexes are all down, but AAPL is up a bit. During most of AAPL's long descent the opposite was the case. Are bottom fishers starting to get interested? Are short sellers, thinking 500 is as low as AAPL will go...

I mostly trade off weekly charts, but pointed Friday out because it broke the recent pattern of AAPL being weaker than the Indexes. It could be a turning point, where AAPL goes back into the lead, or it could be a random blip. We'll find out soon enough.

AAPL's bi-weekly Trading Range: 501.23 to 549.56, with 200 day MA at 597.41. Negative: 1. AAPL is still weak, with only 3 up-days, vs. 7 down days in the last 2 weeks. 2. Lots of overhead supply/resistance to break through to get back above the 200 MA. Positive: 1. 500 holding as...

I guess things are different when you can make/grow money and pick it off the trees! :p

The Bear's first attempt to reach 500 was unsuccessful. Will they try, try again? This could go on for weeks! Ugh. :p

500 is a BIG psychological round number. We'll see if it holds as Support.

AAPL Update: Current Trading Range: 505.58 to 594.59 Has been below 40 wk. MA (now at 596.41) for 7 weeks. Getting downgraded by more and more analysts... What will happen next??

If AAPL has some rallies back up into the high 500's to low 600's I should be able to break even on most of the Spreads. I've already closed some that way back in late November. I bought the June Calls with AAPL in the 580's. So they should show some profits above that, to cancel out some...

taowave, Right now I have 43 AAPL trades on (40 Bull Put Spreads and 3 Long Calls) which close between December 28th and June 21st. So I won't be opening many new positions, especially since AAPL's 45 month Uptrend has ended. My hands will be full just trying to get back into cash without a...

NoDoji, Firstly, I want to apologize to you for being a bit snippy and defensive yesterday. You were making some polite constructive criticism, and I shouldn't have responded the way I did. Sorry. The main difference I see in our approaches is you use Angled Trend Lines and I don't. I...

from the thread "AAPL: Buying The Dips!" 12-16-12 08:25 AM Quote from brokerboy: i still hope you don't lose money but you been saying this for 200 points at what point do you change your mind? i would not be surprised to see near 400 sooner or later that is not a pretty chart. i still...

Brokerboy, I can't promote "Buying The Dips" anymore for AAPL because it's no longer in an Uptrend. If anything, I'd say it's best to "Sell The Rallies" at this point. Anyway, I started a new thread entitled "AAPL: The Death of an Uptrend" if you want to join in. There are posters there...

Uhhhh, sorry, I don't accept you guys as being above me - either as snide critics or nice-person teachers. We're all just small-time traders here, voicing our opinions and thoughts concerning different topics on various ET Threads. I thought AAPL's Uptrend since March 2009 wouldn't be broken...

So what comes next for AAPL? Just because its last Uptrend is technically over doesn't mean the stock is dead and gone. Will AAPL go into a Long Term Downtrend and fall all the way to 300? Will AAPL chop around in a Trading Range between 500 and 600, or between 500 and 400? Will 500 hold...

Yes Omniscient One, with 45 month later, after the event, 20/20 hindsight. I'm a person, and it's all my fault.... :(

AAPL 5 year chart.

AAPL 3 year chart.

AAPL's 45 month Uptrend of Higher Highs and Higher Lows ended today. I didn't think this would happen, but it did - for whatever reasons. The May 18th Intraday Low of 517.58 and Closing Low of 525.71 were both decisively broken today on High Volume, with an Intraday Low of 505.58 and a...

AAPL 5 year chart.