I am new on this site, Just wondering if anyone is buying at 50 EMA?

    Video on AAPL

    Posted by matt on 20th of Apr 2012 at 03:52 pm

    Hello and welcome to BPT, please watch the video that I put up on the blog in the Stickhy post: in that in the video that I just posted, I'm using the 50 SMA as it's probably more widely followed, however they are very close together regardless

    many times you get an initial reaction off the MA's, we'll see, there is some divergence on the 15 min, but it has yet to turn up. 

    AAPL could also crash through the 50 day MA first and then have an oversold bounce.

    I mean you could take a shot here, problem is that it's Friday and OPEX, really it's your call. I could see it go either way.

    the low risk trade was on Monday for a bounce when the 2 length RSI closed below 2%, and there was a low risk short after the bounce back to the 20 day MA on Wednesday that became resistance (and as you saw from my video, the double stochastic indicator found resistance there, again see my video)

    thanks and have a nice weekend, and if you have any questions, feel free to send a private message to Steve or myself!

    Yes. I bought Ia little

    Posted by sbwoman on 20th of Apr 2012 at 03:50 pm

    Yes. I bought Ia little at 571

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