guys - on AAPL here's another daily chart, note the gap up at
495 ish, that's a target for sure.
I also added other symmetry price projections on the chart,
notice that one measures right to that gap, another one if you
measure the height of the pattern measures to about 535 - 540 range
near another resistance point.
The 15 to 60 min charts display no negative divergence via RSI
or MACD, this hints at higher prices over time, however they are
overbought short term so pullbacks are likely to occur, but for now
I would favor those pullbacks being bought up, we'll see..
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AAPL
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Posted by nichi on 13th of Aug 2013 at 03:02 pm
MATT: Your views are always appreciated. Sometime your predictions are amazing.
guys - on AAPL here's
Posted by matt on 13th of Aug 2013 at 03:08 pm
guys - on AAPL here's another daily chart, note the gap up at 495 ish, that's a target for sure.
I also added other symmetry price projections on the chart, notice that one measures right to that gap, another one if you measure the height of the pattern measures to about 535 - 540 range near another resistance point.
The 15 to 60 min charts display no negative divergence via RSI or MACD, this hints at higher prices over time, however they are overbought short term so pullbacks are likely to occur, but for now I would favor those pullbacks being bought up, we'll see..