Sunday, December 17th, 2017

The stock has broken all supports today. The 21 day moving average and now the 50% Fibonacci retracemnet levels not shown in video. The uptrend from the reversal of 11/16 is now broken to the downside. AAPL failed to capture the 200 day moving average in this Fiscal Cliff fiasco and lost momentum to the […]

AAPL has been on the move and has come up to 590 where it is trying to go up against its 200 day moving average at 598.  AAPL is now forming an ascending triangle as with the chart above. That is intraday and bullish in nature. We intend to continue with AAPL till 650 or […]

The down trend in AAPL continues. The stock hit its 200 day moving average twice already but there is no sharp bounce. Part of the reason is the market has been shut down for 2 days in row due the storm Sandy. New York where the hub of trading lies has been dead and underwater. […]

The market awaited AAPL’s earning with so much nervousness. The stock stalled 2 days ago and the buying dried up. Usually AAPL moves up during earnings and the run up and euphoria towards a great earnings report is always bidding investors for higher prices. This time with the market in correction there was no euphoria […]

The SPX is down 10 points but AAPL is up 14 points.That is something to consider given the fact AAPL has earnings due this week. AAPL also has a mini iPAD unveiling on October 23 2012. There is plenty of reason for this stock to go higher. Those who short here do so at their […]