AAPL
#1
Posted 30 July 2007 - 10:11 AM
posted just now at my blog here at TT
http://www.traders-t...?...;blogid=26
60 minute is on a preliminary sell..will be confirmed sell when price and some MA's move below the 60 min 200sma..the location of that MA is of greater interest to me because it intersects another data point - an easily visible horizontal price zone on the 60 minute
today's early low was about 80 cents above the 15day sma...the 5day sma and the 15day sma are approaching convergence and the 5day sma is now pointing down for the first time since the brief turn down following the 7/20 sell signal in the market averages.
#2
Posted 30 July 2007 - 10:22 AM
#3
Posted 30 July 2007 - 10:25 AM
Edited by hiker, 30 July 2007 - 10:38 AM.
#4
Posted 30 July 2007 - 10:42 AM
I was talking to a person who owns the iphone. He has to charge it every night.....What a drag.....The stock is holding up, but all the good news are out.....When she comes down it won't be pretty.....hi Tom..what is the AAPL chart telling you to do right now? your opinion whether you are trading it or not?
btw, I will be absent from trading and posting from Aug 17 to Aug 25 for anyone that notices my absence...am headed for a special backpacking and fishing trip to the alpine lakes wilderness
#5
Posted 30 July 2007 - 10:48 AM
Unless, of course, you're short.....I was talking to a person who owns the iphone. He has to charge it every night.....What a drag.....The stock is holding up, but all the good news are out.....When she comes down it won't be pretty.....hi Tom..what is the AAPL chart telling you to do right now? your opinion whether you are trading it or not?
btw, I will be absent from trading and posting from Aug 17 to Aug 25 for anyone that notices my absence...am headed for a special backpacking and fishing trip to the alpine lakes wilderness
On a similar note, overpriced CROX will be a beautiful picture for bears, but when? Reminds me of the madness about WFMI when it was holding up far beyond an expectation of reasonable valuation.
#6
Posted 30 July 2007 - 10:51 AM
http://stockcharts.c...5173&r=3815.png
#7
Posted 30 July 2007 - 10:55 AM
Edited by hiker, 30 July 2007 - 10:55 AM.
#8
Posted 30 July 2007 - 11:00 AM