Thursday, July 28, 2011

AAPL Update

In my last AAPL Update today I saw a negative 1 min divergence and some positive longer term charts, the 1 min divergence lasted longer then expected, but finally played out.

 Here's the break of intraday support and all of the stop-losses and algos kicking in.

 Here's the 1 min negative divergence referred to earlier, apparently distribution lasted longer then I thought it would.

However, the 15 min chart is in a leading positive divergence right now, I suspect this chart will look a bit better later today as it is probable shares were just picked up on the break of resistance.

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