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AAPL - $92.00 August 2016 Low - Whole World Watching...

Test Everyone Waiting For

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#1 SemiBizz

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Posted 05 May 2016 - 11:42 AM

Megavolume 92.00 low from August...

 

Just a matter of time for a test... maybe today.

 

Note that Carl Icahn sold ALL HIS SHARES ABOVE $92.00

 

He knows it's going to be tested, that's why.

 

 


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#2 dasein

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Posted 05 May 2016 - 03:00 PM

maybe 65 gets testd?


best,
klh

#3 K Wave

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Posted 05 May 2016 - 09:25 PM

AAPL on the verge of entering LT bear zone if we don't hold around this level...been riding the 900 for many years...may be about due for a breakdown

 

aapl.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 diogenes227

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Posted 05 May 2016 - 11:56 PM

Megavolume 92.00 low from August...

 

Just a matter of time for a test... maybe today.

 

Note that Carl Icahn sold ALL HIS SHARES ABOVE $92.00

 

He knows it's going to be tested, that's why.

 

 

 

He may have sold all above $92.00 but, given he was touting it as a $240 stock last May (red line on the left) when it was above $120 (and witness his earnings report today), it's a good bet he owned some (lots) of those shares considerably above this "test." 

 

The real test was buying into a $700 billion plus market cap (now $510 billion).  That's the one he blew big time.

 

Oh, well, even the mighty make mistakes.

 

Note with a $510 market cap still, history would say AAPL, in the fullness of time, has farther to fall from tree (like to $60 some) no matter what happens right now.

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

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#5 SemiBizz

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Posted 06 May 2016 - 09:54 AM

Carl Icahn's average was around $68 I believe...

 

We're on our way now to 92...

 

and really $80 is not a stretch...


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

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Posted 06 May 2016 - 10:58 AM

$92.10....

 

Lower Low.


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 SemiBizz

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Posted 06 May 2016 - 11:22 AM

92.00000


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 SemiBizz

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Posted 06 May 2016 - 11:34 AM

91.99

 

High Volume Lows always get tested...

 

Now, Volume Is MUCH LIGHTER vs the Reference Volume...

 

AAPL "should" be able to bounce, but if it does finish under 92.00 on any volume today, that is a negative going forward.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#9 diogenes227

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Posted 06 May 2016 - 01:46 PM

Longer term - the 2009 bull market and:

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."