Most of you know how I feel about parabolic price moves, I don't trust them and they almost always give me good reason as they tend to fall just as fast or faster than they went up, AAPL is putting in such a move on diminishing volume right now. I'd add to AAPL here, but I'm at the max position size for AAPL and I still try to follow rules.
Parabolic move this a.m. on diminishing volume, VERY NICE.
AAPL on the short end 5 min chart.
AAPL on the long end 30 min chart...
Today might be interesting...
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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