On both the weekly and D. I'd pay attention to the next
couple of daily bars just because it has a gap under the last bar
on the daily. Could be an exhaustion gap but we won't know
until we get a reversal (hopefully a gap) back to the downside (If
it happens). It could be just that darn strong but I sure
wouldn't chase it. Somebody will.
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Looks awfully stretched to me
AAPL any comments
Posted by johnc on 27th of Jul 2011 at 08:48 am
On both the weekly and D. I'd pay attention to the next couple of daily bars just because it has a gap under the last bar on the daily. Could be an exhaustion gap but we won't know until we get a reversal (hopefully a gap) back to the downside (If it happens). It could be just that darn strong but I sure wouldn't chase it. Somebody will.