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Apple Inc. Message Board

  • playboy210 playboy210 May 4, 2013 6:31 PM Flag

    Anyone Charting Apple stock momentum and volume from the $389 run up to now?

    I learned that in technical analysis, you can track momentum and volume as the price runs up for a certain period of time.

    The Rule Is:
    When a stock price starts to rise (ie -Apple from $389 to $450) traders jump on the bandwagon and cause the price to move to higher prices at AN EVEN FASTER PACE. Thus the slope of the price move of the stock often steepens causing momentum to increase. If the momentum line starts decreasing but the price keeps going up, that may signal that a trend reversal in price is near. But I believe you have to check the volume too, if volume is decreasing as well then it is a SURE THING that price reversal trend in upon us.

    That being said.... are momentum and volume both increasing since Apple was at $389 three weeks ago or are both indicators slowing down? Does anyone know?

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