AAPL Follow Up

I also featured an AAPL Put set up  yesterday (an AAPL short would likely work as well, this is more of a trade though at present than a core position) as I saw some very strong deterioration in AAPL late Friday.

I'd also like to see a pop a bit higher in AAPL to enter either an AAPL short trade or AAPL Put, I prefer a put considering profit potential and duration (specifically for AAPL as I'll show you).

 This is why I say a trade rather than a trending position, the 60 min chart is in line. If this were damaged, then I'd be looking at a longer term position, but until it is, I'd rather stick with a shorter duration trade.

AAPL put in an Island Bottom on 3C accumulation and headed higher from there, it was in line almost the entire time until some very sudden, very strong leading negative divergences showed up in a matter of a day or two and kept going.

 5 min chart shows the same leading negative in the same area.

 Like PCLN and the market "Generally" as there is some noise, but the overall trend in the market I still believe to be lateral as a process, AAPL is showing 1 min intraday positives. These are not strong divergences that are showing serious accumulation, but more like steering divergences we see intraday, often market makers or specialists I believe loading up or steering an issue in the direction they need for a fill of a large trade or for a trade (even their own accounts).

 We see the same on a 3 min chart so there is some migration of the divergence, meaning it's gaining some strength, but still very short in duration, size and timeframe.

These are the kinds of divergences we see for bounces of a day or so, depending on how big it ultimately is.

This is the rough area I'd like to see AAPL move above, with that 10 min leading negative as ugly as it is, I can't see any move above the trendline not being distributed hard (meaning a head fake move) and this is where I can get the best price/premium with the lowest risk as a stop can be placed near by rather than chasing it and having a stop far away.

Again, I'd set price alerts, but overall, the market should be the main catalyst for all stock's or most lets say.