or another gap that is lower? Look at how few shares were
traded in this price range in the parabolic run-up to all-time
highs. I'm also sensing no real sense of panic for AAPL
investors yet. I base this on reading articles claiming how
incredibly cheap aapl is at present prices (and maybe it is).
But this thin zone has me cautious of stepping in front of it
for an earnings bounce (what if it gaps all the way to low
400s?
cgal - AAPL did put in a lower high (providing a swing short
entry) but it lacks a symmetrical RS for characterizing a valid
HS top pattern. It did form a smaller descending triangle of
the daily chart in Nov/Dec.
AAPL
Posted by wowten on 15th of Jan 2013 at 09:36 am
gap to fill at some point?
or another gap that is
Posted by kalinm on 15th of Jan 2013 at 09:56 am
or another gap that is lower? Look at how few shares were traded in this price range in the parabolic run-up to all-time highs. I'm also sensing no real sense of panic for AAPL investors yet. I base this on reading articles claiming how incredibly cheap aapl is at present prices (and maybe it is). But this thin zone has me cautious of stepping in front of it for an earnings bounce (what if it gaps all the way to low 400s?
AAPL
Posted by cgal1 on 15th of Jan 2013 at 12:00 pm
This looks to me like a monstrous H&S pattern that measures almost 200 points. Am I seeing right?
cgal - AAPL did put
Posted by steve on 15th of Jan 2013 at 12:10 pm
cgal - AAPL did put in a lower high (providing a swing short entry) but it lacks a symmetrical RS for characterizing a valid HS top pattern. It did form a smaller descending triangle of the daily chart in Nov/Dec.
ncie chart, thanks!
Posted by morton13 on 15th of Jan 2013 at 10:00 am