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Was thinking wedge as well,

APPL Weekly 

Posted by mschwand on 25th of Jan 2023 at 03:58 pm

Was thinking wedge as well, though maybe looking to a downward channel on daily if things get a little more bearish?

Haha, they might even agree, bc on a recent bill the cost of gas was only $15 of the $78 bill (they've been restructuring them over the years as gas price went low -- "Delivery Charge" is $30 whether we strike a light or not). Giving the gas away wouldn't cut my bill much now, unfortunately, but a price rebound on the other hand...

APPL had a good price

Posted by mschwand on 23rd of Jan 2023 at 03:10 pm

APPL had a good price test of that falling wedge trendline on daily before fading, tho mostly lighter volume on latest two week rally. 

Good point. We had hit

SPX just tagged the 200dma, 3969.

Posted by mschwand on 20th of Jan 2023 at 03:29 pm

Good point. We had hit our target from the 2 day triangle, and I was wondering what it was headed for (forgot to check 200ma on daily)

APPL pausing at it's wedgeline

Posted by mschwand on 13th of Jan 2023 at 03:48 pm

APPL pausing at it's wedgeline on the hourly--maybe ready to lead things down?

I've been hoping APPL will lead to a bullish reversal diamond on SPY, but you never know with crapple, lol

Interesting. The inverse cup/handle completed off that divergent bounce (386.25ish on SPY, a 50% fib of the 2 day move up) and I was wondering how we might reverse out of this messy progression. 

for a second it looked like APPL might create a xmas miracle for the SPY/SnP, pushed to nearly 3846

Any chance of a wedge

Posted by mschwand on 22nd of Dec 2022 at 02:10 pm

Any chance of a wedge for xmas? (probably doesn't fit the lower-high scenario tho)


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