Aapl

Quote from krazykarl:

the pain the past few days... ugh.


i would really like to see those programs sitting around 64.50 to be taken out to the upside..... :D

technical longs have been selling as the average max range has been reached around $70, to a TA trader it was to be expected.
 
Quote from krazykarl:

aapl is not them - there is a rotation occuring and apple will begin to take more market share because they are innovating. watch laptop sales to pick up where the iPod sales leave off....

I am flat in aapl, I hope for the longs you are right but have to disagree...aapl is one of them....aapl would not be the first stock to have good earning/sales and still fall...
several of the stocks that just reported and beat expectations still fell as a result of the on going saga...

we need to remember ....we really don't exist...in this game..just allow to participate with much risk...we will never know the agenda of the stock with funds and institutions etc running the game...
aapl will break 60 dollars and be mid to low 50's before sept options expiry ...in my oppinion

w
 
Here we go. I don't know if it is suposed to be an upside-down head & shoulders, or a descending triangle (I know they have a specific name) but I'm sure someone might find this useful. I was just looking at the chart (at now 4 AM) and saw it.
 

Attachments

Quote from JMowery1987:

Pretty serious business...

APPL better not feck up anything.

That's my favorite stock to trade!!!!


the volatility is nice. whats your trading style?
 
Quote from scriabinop23:

the volatility is nice. whats your trading style?

Make more money than lose....

:p

I'm just scalping on the 1 minute timeframe. I might only get 3 - 5 cents out of AAPL per trade on average. I have been on the hunt for stocks with much more volatility. ... Another GOOG, with a tighter spread... would be freaking awesome.

Fairly easy for me to work the stocks when they move, but when liquidity is not there, I'm not so good at all.
 
we're both amazed with its strength.

It feels like the market as a whole is finally acknowledging a switch to bear mode, and yet no big selloff you'd expect.
 
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