well first off, AAPL hit my symmetry price target on the daily
charts almost exactly, so I hope folks decided to lock in some
gains there, see the charts. Short term the 60 min chart also
played out for a short, but now is oversold with a gap above but
otherwise no real pattern yet. Very oversold there is some
positive divergence on a 5 min chart, but for such a short time
frames you are own you own as you have to monitor that
closely
AAPL
Posted by coolhat on 18th of Dec 2013 at 12:16 pm
Thoughts on AAPL here?
well first off, AAPL hit
Posted by matt on 18th of Dec 2013 at 12:24 pm
well first off, AAPL hit my symmetry price target on the daily charts almost exactly, so I hope folks decided to lock in some gains there, see the charts. Short term the 60 min chart also played out for a short, but now is oversold with a gap above but otherwise no real pattern yet. Very oversold there is some positive divergence on a 5 min chart, but for such a short time frames you are own you own as you have to monitor that closely
Educational note: When symmetry lines
Posted by steve on 18th of Dec 2013 at 12:32 pm
Educational note: When symmetry lines up with a .618 FIB that is normally a very powerful level to note. Notice second chart below for an example.