3309 Drysdale Ct
Edwardsville, IL 62025
I think shorting AAPL at 200ema on 60 minutes chart which similar to 200ma in daily..
Brcm also good short if it rally into its gap down area around 26.
both has bearish pattern setup now.
what looks bearish about the aapl chart?
1. In esignal advance get, there is one indicators indicates bearish setup (only esignal software has this indicator)
2. It gaps down huge on earning and now rally back with LIGHT volume
3. Major indexes getting very close to its resistance level.
I would short aapl if spy hits 132 area or maybe higher...or aapl hits 200ma..but it has depends on market condition..
thanks for detailing that
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
AAPL & BRCM short candidate
Posted by kichan77 on 31st of Jul 2008 at 11:19 am
I think shorting AAPL at 200ema on 60 minutes chart which similar to 200ma in daily..
Brcm also good short if it rally into its gap down area around 26.
both has bearish pattern setup now.
what looks bearish about the
Posted by Michael on 31st of Jul 2008 at 11:36 am
what looks bearish about the aapl chart?
1. In esignal advance get,
Posted by kichan77 on 31st of Jul 2008 at 11:43 am
1. In esignal advance get, there is one indicators indicates bearish setup (only esignal software has this indicator)
2. It gaps down huge on earning and now rally back with LIGHT volume
3. Major indexes getting very close to its resistance level.
I would short aapl if spy hits 132 area or maybe higher...or aapl hits 200ma..but it has depends on market condition..
thanks for detailing that
Posted by Michael on 31st of Jul 2008 at 11:52 am
thanks for detailing that