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AAPL |
Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
Showing posts with label aapl h/s. Show all posts
Showing posts with label aapl h/s. Show all posts
Monday, September 16, 2013
Wednesday, January 9, 2013
1/9/13- AAPL Update
12/7/12 was the last time I posted an AAPL weekly chart. After hitting the 520 level, I noted that AAPL bulls had to be careful if AAPL consolidated between 570 and 520.
So far, five weeks have passed and AAPL is consolidating as highlighted below.
Note on the daily chart below a potential triangle is forming. This is a consolidation pattern before the trend resumes. IF and when it does, the large neckline will be broken.
So lets keep an eye on this and will earnings be the catalyst to send it through or save it? We shall see.
So far, five weeks have passed and AAPL is consolidating as highlighted below.
Note on the daily chart below a potential triangle is forming. This is a consolidation pattern before the trend resumes. IF and when it does, the large neckline will be broken.
So lets keep an eye on this and will earnings be the catalyst to send it through or save it? We shall see.
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WEEKLY |
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DAILY |
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