130 SMA doesn't seem to

    AAPL 15 Update

    Posted by sbwoman on 13th of Apr 2012 at 10:28 am

    130 SMA doesn't seem to be working. Any thoughts on the next stop? Surprised

    you're long AAPL?  where did

    Posted by matt on 13th of Apr 2012 at 10:46 am

    you're long AAPL?  where did you buy it? when did you buy it? We've been showing that AAPL is in a bear wedge for quite some time now.  the odds favored a pullback the last week with this nice wedge

    here's the 15 min and 60 min charts and daily chart.  The wedge showing on the 15 min chart was first shown and is playing out nicely now.

    again depends where you bought it? If you took a shot long today at the 20 day MA thinking that would hold, then your stop would be somewhere below that to give it some wiggle room.  without knowing where or when you bought it or what your plan was with it, it's hard to answer.  

    AAPL has earnings coming out on April 24th, perhaps it will bounce some going into earnings, but that's 1 1/2 weeks away still

    Not to worry Matt. I

    Posted by sbwoman on 13th of Apr 2012 at 10:59 am

    Not to worry Matt. I bought my AAPL years ago, but my husband wants in. So we we bought a little just now at the 20 MA (from stock charts numbers) @ 613.25. The question is do you think it could make it back to the 50MA? We want to buy a little more. I know earnings is coming up. 

    oh nice job on your

    Posted by matt on 13th of Apr 2012 at 11:02 am

    oh nice job on your purchase years ago !!  Laughing

    I only wish that I

    Posted by sbwoman on 13th of Apr 2012 at 11:08 am

    I only wish that I still had those shares I bought in 1995.  Tongue out

    Apple

    Posted by morton13 on 13th of Apr 2012 at 10:49 am

    RSI2 is oversold and sitting right at 20dma, i'm buying right here for a bounce!

    my chart says 20dma was

    Posted by frtaylor on 13th of Apr 2012 at 10:51 am

    my chart says 20dma was up at 612.

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