Posted by asantana on 26th of Feb 2010 at 03:26 pm
AAPL exploded with the rest of the market yesterday and the
13/34 ema crossed up through today over the 60/50. 14, 60,
and 144 stochs are all over 95. Yet volume is less than
Wednesday and Thursday. Not suggesting this may be a place to
short, but could possibly be a place to scalp.
Posted by pthoreson on 26th of Feb 2010 at 05:05 pm
Apple moved higher yesterday following a rumor they were going
to split 4x1. But, even after Apple denied the rumor the stock held
its gains. It looks toppish to me, but it also looked like a
potential bull flag for much of today.
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AAPL on fire???
Posted by asantana on 26th of Feb 2010 at 03:26 pm
AAPL exploded with the rest of the market yesterday and the 13/34 ema crossed up through today over the 60/50. 14, 60, and 144 stochs are all over 95. Yet volume is less than Wednesday and Thursday. Not suggesting this may be a place to short, but could possibly be a place to scalp.
Thoughts??
AAPL
Posted by pthoreson on 26th of Feb 2010 at 05:05 pm
Apple moved higher yesterday following a rumor they were going to split 4x1. But, even after Apple denied the rumor the stock held its gains. It looks toppish to me, but it also looked like a potential bull flag for much of today.