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AAPL & IBM


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#1 K Wave

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Posted 13 October 2014 - 09:37 AM

So far hangin' on....

If those 2 start to give way later today, or tomorrow....

IBM has been riding 200 week MA for a year now...another breach could make IBM weekly look a lot like RUT daily did when it breached the 200 day one too many times a few weeks back over 100 handles higher....
Big air gap in the weekly chart below....

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

 

 


#2 K Wave

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Posted 13 October 2014 - 10:00 AM

looks like AAPL just made its pivot that must hold, if bulls are going to have a chance at saving things here.... Another trip under the century mark could set off an avalanche now.... Above 102 now, and it could be sign of AAPL trying to rally the troops.....

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

 

 


#3 K Wave

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Posted 13 October 2014 - 02:36 PM

IBM takes out its pivot...now we see about Apple....

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 K Wave

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Posted 13 October 2014 - 02:59 PM

Bears hittin' the gas on IBM.... this may be the start of it.....

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

 

 


#5 K Wave

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Posted 13 October 2014 - 03:00 PM

And AAPL closes back under hourly 200....

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