Posted by DigiNomad on 27th of Feb 2024 at 02:37 pm
APPL - I'm long off that bounce, but the longer term pattern is
definitely leaning bearish so just a trade - flat bottom descending
triangle look to me. Looks like a 5th touch would take it up
up to the 189 supply level.
Posted by DigiNomad on 27th of Feb 2024 at 05:29 pm
They said they're moving all the affected employees to gen AI
for now...and planning layoffs. Smart moves but I wonder how
they'll manage Gen AI when they couldn't even get Siri to
compete?
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And like clockwork, it bounces
AAPL - 5th move against 180 support (daily).
Posted by shellson2 on 27th of Feb 2024 at 02:29 pm
And like clockwork, it bounces again off 180 (179.6).
APPL - I'm long off
Posted by DigiNomad on 27th of Feb 2024 at 02:37 pm
APPL - I'm long off that bounce, but the longer term pattern is definitely leaning bearish so just a trade - flat bottom descending triangle look to me. Looks like a 5th touch would take it up up to the 189 supply level.
Thanks! I often get suckered
Posted by tradeit007 on 27th of Feb 2024 at 03:17 pm
Thanks! I often get suckered into "obvious" breakdown/breakup patterns.
They announced a dismantling of
Posted by shellson2 on 27th of Feb 2024 at 05:25 pm
They announced a dismantling of their electric car initiative (for now ?). Saving like 25 Billion. News occurred exactly at $180 give it take
They said they're moving all
Posted by DigiNomad on 27th of Feb 2024 at 05:29 pm
They said they're moving all the affected employees to gen AI for now...and planning layoffs. Smart moves but I wonder how they'll manage Gen AI when they couldn't even get Siri to compete?