Thursday, July 28, 2011

AAPL Update

AAPL may make for a decent little intraday to even a swing trade.

 AAPL 10 min 3C with some accumulation yesterday and a leading positive divergence now. It looks like AAPL wants to go higher.

 The 5 min chart is in a leading positive divergence as well.

Here's the kicker, the 1 min chart suggests a pullback, so AAPL may be able to be bought on a pullback at low risk with a better entry point and then taken for a ride higher.

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