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
well first off, AAPL hit
AAPL
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.