caruso2323
12:09 pm on October 11, 2010 586 days agoReply
Nah … 300 ? … Not today … AAPL failed to get back above 296.50… I see a potential bearish MACD cross-over which may pull it back to slightly below 294 and close the up-gap since yesterday…
I am not trading to day… Just don’t feel comfortable above $295 …
There seems to be a skew towards 300… But my gut-feeling says no…
300 is just too significant as a psychological barrier to be broken with light volume…
But I am fairly optimistic that it be broken through after Earnings are announced on the 18th…
.
carlmuck
3:02 pm on October 11, 2010 586 days agoReply
@caruso2323
We’ll see… $300 today would be a stretch, price seems to want to stay above 297 since volume picked up at 2:30 (I assume folks trading on the WinPhone non-event).
At the moment, the daily MACD is crossing from below the signal in a “bullish” pattern (though RSI and Stochatics are both “over bought”), which MACD are you watching?
caruso2323
6:06 pm on October 11, 2010 586 days agoReply
AAPL held very well :
1) New ATH
2) New ATH close
3) Its low was highest
As for that MACD potential bearish cross-X it was on my 5 minutes chart… But it levelled-off
To-day’s candlestick looks slightly bearish with the close sitting on top of the close…
I think that by Wednesday , we should have a better idea where AAPL is heading…
So far, the indices remain slightly bullish with VIX getting under 20…
Maybe tomorrow AAPL gets a chance to “Kiss” 300 … Just as a Hurray
caruso2323 12:09 pm on October 11, 2010 586 days ago Reply
Nah … 300 ? … Not today … AAPL failed to get back above 296.50… I see a potential bearish MACD cross-over which may pull it back to slightly below 294 and close the up-gap since yesterday…
I am not trading to day… Just don’t feel comfortable above $295 …
There seems to be a skew towards 300… But my gut-feeling says no…
300 is just too significant as a psychological barrier to be broken with light volume…
But I am fairly optimistic that it be broken through after Earnings are announced on the 18th…
.
carlmuck 3:02 pm on October 11, 2010 586 days ago Reply
@caruso2323
We’ll see… $300 today would be a stretch, price seems to want to stay above 297 since volume picked up at 2:30 (I assume folks trading on the WinPhone non-event).
At the moment, the daily MACD is crossing from below the signal in a “bullish” pattern (though RSI and Stochatics are both “over bought”), which MACD are you watching?
caruso2323 6:06 pm on October 11, 2010 586 days ago Reply
AAPL held very well :
1) New ATH
2) New ATH close
3) Its low was highest
As for that MACD potential bearish cross-X it was on my 5 minutes chart… But it levelled-off
To-day’s candlestick looks slightly bearish with the close sitting on top of the close…
I think that by Wednesday , we should have a better idea where AAPL is heading…
So far, the indices remain slightly bullish with VIX getting under 20…
Maybe tomorrow AAPL gets a chance to “Kiss” 300 … Just as a Hurray