AAPL closed at another new ATH and IMHO, is headed higher ID on 7-20-11 to 397-400 and possibly higher in the ST to IT...

Posted 20 July 2011 - 12:52 AM

Hi everyone, here are the AAPL daily, weekly, and monthly TL charts (check these self-updating TL charts again 15-20 minutes after AAPL opens on 7-20-11):

http://www.chart.nu/...0&filter=21.png


http://www.chart.nu/...07&filter=8.png


http://www.chart.nu/...00&filter=5.png


Here are the AAPL Gallery Charts with the AAPL daily and weekly charts and the AAPL P&F chart depicting an AAPL revised Bullish Price Objective of 508!

Note, I remain open to the possibility of a short-term correction of AAPL's very sharp parabolic rise at any time during this week and/or next week.

Cheers,

Bob-C

Edited by Bob-C, 20 July 2011 - 12:55 AM.

• Back to top

Posted 20 July 2011 - 08:07 AM

Hi everyone, here is the AAPL 4-year-monthly linear-regression chart.

Here is the AAPL 2-year-weekly linear-regression chart.

Cheers,

Bob-C

• Back to top

Posted 20 July 2011 - 07:20 PM

Hi everyone, here is the AAPL daily chart:

http://stockcharts.com/c-sc/sc?s=AAPL&p=D&yr=0&mn=2&dy=0&i=p63738112642&r=9304.png

AAPL has had very heavy distribution volume during the past two days. The AAPL Fast and Slow STOs have crossed negatively below their signal lines. The CCI has topped out.

Cheers,

Bob-C

Edited by Bob-C, 20 July 2011 - 07:22 PM.

• Back to top

Posted 20 July 2011 - 07:42 PM

Congratulations, Bob! I hope you cashed out. Did you go short from long, on your favorite ticker or what?

• Back to top

Posted 20 July 2011 - 08:17 PM

Congratulations, Bob! I hope you cashed out. Did you go short from long, on your favorite ticker or what?

Thanks very much DrSP, good to hear from you. Yes, I cashed out right away at the open this morning and bought puts, thanks for asking and caring.

Best,

Bob

• Back to top

Posted 22 July 2011 - 08:15 PM

Hi everyone, here is the AAPL weekly TL chart:

http://www.chart.nu/...09&filter=8.png


Cheers,

Bob-C

• Back to top