This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Saturday, 6 October 2012
AAPL
Interesting that we have gapped down with a fairly large black candle as price exitted the "square"
Yes that comment about 720 was made back in July or August when I first spotted the square.Not being able to sustain the 7/8 line at 685 was a warning it might not reach it and breaking the red angle was a good sell signal
720? That evening star on the weekly should be the top. Breaking 620-630 opens up a window at 540.
ReplyDeleteYes that comment about 720 was made back in July or August when I first spotted the square.Not being able to sustain the 7/8 line at 685 was a warning it might not reach it and breaking the red angle was a good sell signal
DeleteCR, did you read Barron's this Weekend?
ReplyDeleteSpecifically page #25?
Cheers!
:)
No I haven't.Thanks I will watch out for it
Delete