Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


Search This Blog

Friday, October 5, 2012


Apple daily chart

Is everybody getting bearish on AAPL?

The chart shows we HAD negative divergence on the new high, but recent price action seems to have alleviated overbought conditions. Support @ 650 which was the previous resistance.  Maybe a head and shoulders? But volume profile doesn't look right for an H&S.

No comments:

Post a Comment

Total Pageviews