I meant to say "It needs to close above today's high tomorrow for the breakout to be confirmed." I missed the word "tomorrow". Sorry about that.
It didn't take long for all the thumb downs rolling in. I get the picture. I am not welcome here. Ok, I am leaving.
It is possible. I don't know what the reason is. I just want to share with you guys what the chart is telling me.
BTW, both its daily and weekly RSIs have reached over 70 which added to the probability that it might be topping out. Notice that during the uptrend starting in July, its RSI has reached as high as 90 but its peaks have been coming down as the stock price going up. It usually means the stock is reaching overbought. So be careful here. Don't jump in until the picture is clear. If you have been holding it for awhile and have substantial profits already, take some off will be good.
FB breaks out of the 54.81 all time high set in Oct 18th. Normally it is a good sign but its daily candlestick chart is showing a dojo cross which means there is a high probability the chart will change direction. If the pattern holds, tomorrow will be important. If it closes above todays high tomorrow than the breakout is confirmed. If it doesn't, than a correction may be coming. Either way, right now isn't a good time to get in. Wait until tomorrow for a clearer picture.
Statistically speaking, in the absence of company specific news, about 50% of a stock's movement is caused by the market. The market looks topping out. If SPX breaks 1777 supports, it can test the 50 day MA at 1758 and takes AAPL down with it.
Since you know how to run business better Tim Cook does, your company must be far more successful and much bigger than Apple. Would you care to tell us the name of your company?
AAPL has made a good run already. Its daily RSI has reached 74 briefly yesterday although it has come down below 70 today and its weekly RSI is still over 70, indicating the stock has been overbought. It means the probability of making money in the near future isn't on the long side. I am not saying AAPL isn't a good stock to buy but right now isn't the right time.
Sorry, I don't come here often either. A group of aggressive posters have transformed this board into a racetrack for uneducated to compete for meanness and nastiness. They are good. I am no match for them.
Dude, you got most of the old techs correct. Except AAPL the rest are in the red today.
On the ex-dividend day, before market opens, the closing price of the pervious day is reduced by the dividend amount.
Unless there is a specific event you are buying for, buy at least 6 months away but don't wait until the last month to sell. The reason is that time decay speeds up in the last month.
Well, I don't know which store you went to but people are buying from the NY store. Please read the following report for details.
By Salvador Rodriguez
November 11, 2013, 12:06 p.m.
Waiting in line for a new iPhone on the day it launches is normal. Waiting in line for a new iPhone a month and a half after it comes out is just strange.
But at the flagship Apple Store in Manhattan, consumers are outside waiting in line around the clock to purchase the iPhone 5s, which came out in mid-September.
According to PC Mag, Apple's iconic glass-cube Apple Store still has a "huge line" of customers looking for the popular device. Apple is asking them to wait outside the store for the sake of its other customers who aren't shopping for the iPhone 5s.
The iPhone 5s is hard to come by -- especially if you want the gold version -- but at this point, there's no reason to wait in line for the device.
All versions of the iPhone 5s are available online with just a two- to three-week shipping wait time, and users can also check the in-store availability of the Apple smartphone by going to the company's website or by calling individual locations.
Besides Apple, the device is available from numerous retailers, including Wal-Mart, Target and RadioShack, as well as cellular carriers like AT&T, Verizon, Sprint and T-Mobile.
Apple still has a line at its main New York store simply because it's an iconic location that is known for attracting Apple fans and tourists.
I don't understand why so many thumb down my post. Are you human beings? Do you have any feeling?