Monday, September 19, 2011

AAPL's Parabolic move

It looks like retail is chasing AAPL after this article, it has kept tech and the Q's providing good relative performance today.




Here are the AAPL charts...

 Big retail volume about the time the story was out...

 AAPL 1 min losing some steam, it may regain some if Greek news is taken positively shortly.

 5 min is negative

 15 min is very negative

And we have what could be a false breakout/head fake today. AAPL would definitely be worth a look should it cross back below the $400-$405 level. I'll keep an eye on it for a possible entry.

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