3309 Drysdale Ct
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Thoughts.
rb. good observation. Sure looks like a pretty perfect one with decent up volume on the recent rise.
And based on EW counts the RS looks like a perfect retracement to near the 0.618 fib level.
So objective long entry here with tight stops below the .618 fib ?
I would certainly short the Nasdaq or something similar against a long aapl play as this market is extremely inflated and even the good setups will be erased with an overdue correction.
lets hope this correction comes very soon
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AAPL possible inverted head and shoulders bottom on daily chart ?
Posted by rbreese on 18th of May 2013 at 11:16 am
Thoughts.
AAPL inverse hns
Posted by limitless on 18th of May 2013 at 02:13 pm
rb. good observation. Sure looks like a pretty perfect one with decent up volume on the recent rise.
And based on EW counts the RS looks like a perfect retracement to near the 0.618 fib level.
So objective long entry here with tight stops below the .618 fib ?
Hedge
Posted by bauer on 18th of May 2013 at 11:25 pm
I would certainly short the Nasdaq or something similar against a long aapl play as this market is extremely inflated and even the good setups will be erased with an overdue correction.
lets hope this correction comes
Posted by himsa on 19th of May 2013 at 04:05 pm
lets hope this correction comes very soon