AAPL @ 570....Now just as Ridiculous with official CM news ... New 52 week high this week
Yep ! Risk now is not being in AAPL...SPX next resistance is the 1828 -30 ish area, It will get there imo. AAPL will more than likely get a Conviction buy next week...S/B back over the 20 day MA on Apple soon, Very Soon.
No, did not expect AAPL to fall all the way back to the high 530's...will have been nice to establish a long low 540's ...anyway at this point the risk is not being in AAPL than being in and watch a few blips here and there. We have a clear intra day reversal on high volume setting up on AAPL. A reverse head and shoulders and a new spring board. Don't think it'll stop at 570-575 this time around.
A NEW reverse head and shoulders setting up here....Warning, we may about to sling shot higher
SPX holds up this higher range, so many thought we were going to crash....now watch aapl's 20 day ma along with the s&p 20 day over next couple of days
WOW, A complete retrace from eps release when aapl traded high 530's intra day...How much more textbook can ya get...Ok then this 540ish area s/b it on the back off.
duncanisfree...People have no clue bout our firepower ... btw, aea we will not even come close to war with China...
Taking out stops & weak hands...Mkt has a way of shaking em out
BTW, Fed taper or no taper means nothing to what aapl will make in earnings here and going forward...right now 20 day ma is about 549.70 ...
Hmmm, 520ish to 570ish now 50%ish retracement and setting up the slingshot to 590's the way im looking at it...If I had to guess this hype over CM will probably hit officially by Monday or sometime next week so analysts will fall all over themselves to pound the table to buy during the last week of the year only to goose the stock for end of the year end markup...Tim is controlling it all not the analysts. This qt's earnings are already in at AAPL & they will be well above the high end. He is already concentrating on the next qt's and CM will take care of that...Of course IMHO