AAPL 1 min is starting to lead a bit more.
Remember on Friday and Sunday I wrote that AAPL was likely going to see a head fake, the problem was I didn't expect the move to start until Wed, but the Bollinger Bands were suggesting a move on Monday. We did get a small head fake a big drop in AAPL. Yesterday I said, it may very well be that they are using that shakeout to accumulate from the weak hands that got shaken out and that will be the drive behind a true head fake move that can close above resistance. What I'm seeing here now fits with that line of thought from yesterday.
No comments:
Post a Comment