Only Apple

Speaking of "Bottom of the Food Chain", here's my analysis:
AAPL has formed a clear Channel, 555-644, with 600 almost exactly in the middle.
The Up-gap Volume after the Earnings Announcement was much higher than the Dribble-down Volume over the last 2 days, which is positive for the Bulls.
It's holding above the 20 day EMA, like it always did during the Uptrend to 644, which is also good for the Longs.
Now we'll watch and see if it can stay above 600.
I think it will.
:)
 

Attachments

Quote from cactiman:

Speaking of "Bottom of the Food Chain", here's my analysis:
AAPL has formed a clear Channel, 555-644, with 600 almost exactly in the middle.
The Up-gap Volume after the Earnings Announcement was much higher than the Dribble-down Volume over the last 2 days, which is positive for the Bulls.
It's holding above the 20 day EMA, like it always did during the Uptrend to 644, which is also good for the Longs.
Now we'll watch and see if it can stay above 600.
I think it will.
:)
More...
Now we sit back and watch the paint dry (sometimes watching price moves is equivalent to watching paint dry.)
 
Quote from short4bread:

Now we sit back and watch the paint dry (sometimes watching price moves is equivalent to watching paint dry.)
More...


I watched paint dry once, just to see what all the fuss was about.
But can't remember what happened, because I fell asleep....

Hope AAPL wakes up and gets above 620 by July 20th.
That's when my 620/615 Spread expires.
Yawwwwwwwnnnnnnnn.......
:p
 
Quote from cactiman:

I watched paint dry once, just to see what all the fuss was about.
But can't remember what happened, because I fell asleep....

Hope AAPL wakes up and gets above 620 by July 20th.
That's when my 620/615 Spread expires.
Yawwwwwwwnnnnnnnn.......
:p
More...
I think we'll be at a new high by the middle of May, if not sooner.
 
Quote from heypa:

I can't stand watching paint dry. It's just tooooo damn fast for me!!!!
More...
Hypa, I read your profile and noticed you were an engineer in a previous life. Are there any tips on trend analysis?
 
No, but I think it will surge up in one or two candles above the last top within one or two days, not the middle of may. I'm letting air run out of the options and wait patiently for the right moment. The may 18 640 call is almost trading at it's pre-announcement level now, and seems to bottom. But maybe it will still go lower.
 
You must log in or register to reply here.
Back
Top