Jump to content



Photo

AAPL Parabolic up and parabolic down


  • Please log in to reply
2 replies to this topic

#1 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 21 December 2006 - 01:19 PM

It doesn't always work like this, but many times, when a stock goes up parabolically, it ends in an inverse of the parabolic..

We shall see soon on AAPL if this is the case.

Posted Image
Qui custodiet ipsos custodes?

#2 HiFiGuy

HiFiGuy

    Member

  • Traders-Talk User
  • 174 posts

Posted 21 December 2006 - 01:58 PM

Is it me, or has CNBS been nearly silent about this 10% correction in AAPL. Sounds like complacency to me. I'm eyeing 72-75 as support. nice trade, dcengr.

Edited by HiFiGuy, 21 December 2006 - 01:59 PM.

"A state of war only serves as an excuse for domestic tyranny." - Aleksandr Solzhenitsyn
http://www.trueworldhistory.info/

#3 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 21 December 2006 - 02:04 PM

Is it me, or has CNBS been nearly silent about this 10% correction in AAPL. Sounds like complacency to me. I'm eyeing 72-75 as support.

nice trade, dcengr.


Thanks.. don't forget, AAPL has their report on option scandal to be released before end of the year. Could be a gap down and drop.
Qui custodiet ipsos custodes?