Definition of 'Upside Tasuki Gap'
A candlestick formation that is commonly used to signal the continuation of the current trend. The pattern is formed when a series of candlesticks have demonstrated the following:
1. The bar is a large white candlestick within a defined uptrend.
2. The second bar is another white candlestick that has gapped above the close of the previous bar.
3. The last bar is a red candlestick that closes within the gap between the first two bars. It is important to note that the red candle does not need to fully close the gap.
In technical analysis, it is not uncommon to see the price of the asset close the gap created in the price. Sometimes traders get ahead of themselves and send the price higher too quickly, which can result in a slight pullback. The red candlestick that forms the upside tasuiki gap is as a period of slight consolidation before the bulls continue to send the price higher.
jus sayin lads. we go way higher here.
hope this helps
"our concern for Apple is more about its ability to maintain profitability through product transitions. Despite excitement for Apple's forthcoming product cycle, we think there is potential risk on gross margin due to product transition, and we see the stock valuation as range-bound, with 13% upside and 25% downside."
Apple (AAPL) Rumored Beats Deals 'Sounds Like A Bad Idea', Piper Jaffray's Gene Munster Says
Long-time Apple (NASDAQ: AAPL) bull Gene Munster of Piper Jaffray is not too happy about the company's rumored deal to acquire Beats. In fact, he is calling it a "bad idea."
"We are struggling to see the rationale behind this move," Munster said. "Beats would of course bring a world class brand in music to Apple, but Apple already has a world class brand and has never acquired a brand for a brand's sake (i.e., there are no non-Apple sub-brands under the company umbrella)."
He added, "Separately, we are not aware of any intellectual property within Beats that would drive the acquisition justification beyond the brand. We view a better use of capital for acquisitions to be in the internet services space given that is, in our view, Apple’s biggest weakness. This list would include Yelp (NYSE: YELP), Twitter (NYSE: TWTR), Square and even Yahoo (NASDAQ: YHOO).
The analyst maintained an Overweight rating and price target of $640 on Apple.
Each Apple shareholder of record at the close of business on June 2, 2014 will receive six additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on June 9, 2014.
and I want to see a round lot of 100 apple shares for each of the 15 in my account on June 2, 2014 returned to me by you naked short gangsters because I plan to sell covered calls into this strength.
sorry lads but i must now sell into any strength tomorrow. hopefully the market lets me out @ the open.
You know what capitalism is? Getting phucked!
- scarface 1983 (tony)
again lads a true gap is a price the stock has never traded before but market players today are ignorant of this fact. so i suspect we will get a $532 buy on stop print anon.
UPDATE: Echo Therapeutics (ECTE) Active . . . on iWatch Rumors?
May 5, 2014 10:35 AM EDT
(Updated - May 5, 2014 10:55 AM EDT)
apple is a toy company who sells one maybe two commodity electronics to a niche fickle consumer once a year. her comparables are hasbro and mattel who both have a stronger pipeline of products. in fact analyst are predicting barbie will outsell the iPhone again this holiday season. so her market cap must come down and more in line with toy company peers. because it's spoking the market.
likely a $610 print based on her current breakout uptrend. lets see what happens.
also coupled with a bearish candle stick engulfing pattern @ the top of an exhausted run and slashing through her short term three day moving average makes this very potent chart voodoo not to be ignored.
Target: the gravity gap @ $532.
hope this helps lads.
Last Pattern:BEARISH DELIBERATION BLOCK
Signal Update Our system’s recommendation today is to SELL. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed the confirmation level which was at 646.0850, and our valid average selling price stands now at 645.5700. The previous BUY recommendation was issued on 5/12/2014, 25 days ago, when the stock price was 588.1975. Since then AAPL has risen by +9.75%.
Market Outlook The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
einhorrn dumping on apple retail bagholders says 13F.
Einhorn's Green Light Shows New Stakes in Conn's (CONN), Lam Research (LRCX), Nokia (NOK); Trims Apple (AAPL), Dumps GM
May 15, 2014 4:28 PM EDT
David Einhorn's Green Light Capital released his 13F for the quarter ended March 31, 2014.
i for one would feel sick if apple had to restate earnings for the last two years. and would definatly voice my concerns to management with a stern email.
Sentiment: Strong Buy
wow! that's one headline i hope we don't see next week in the weekend magazine. sheesh i don't even want to think about it.
Sentiment: Strong Buy
apple entered her current bull market in may of 2013 when she soard 20% off her horrific bear market low. her recent high this week of $95.05 is now comming under intense selling pressure and will not find support until the parabolic breakout gap @ $76.00 two months ago is filled. the dilema we now face is a print of $76.04 is 20% below the current bull high of $95.05 and establishes a new bear market for the security. and the last bear was over six months of up-chucking agony. i am so sorry sorry lads.
Sentiment: Strong Buy
can you comment on forward looking gross margins with the upcoming sapphire "RICH" new product cycle deriv_trader?
again lads apple dividend adjusted is trading @ all time highs and is priced to perfection on the c.c. by the market.