Thursday, August 23, 2012

AAPL Charts

This is one rotten AAPL...

This still could lead to a Crazy Ivan shakeout, I'll have to look at a lot more assets in to the close to see if we can get a "part 2" tomorrow that will give us something to short in to.

With 3C when all the timeframes are moving together, especially after a head fake move such as AAPL has already put in, it's very strong probability a big turn is near. When the longer charts from 5 min to 15 and really 30 min start moving a lot in one day, there are some big institutional transactions going down, AAPL exhibited all of this today. I warned about this yesterday, there are a lot of hedge funds holding AAPL and only 1 door, when it starts to shut, things will get ugly quick.

 1 min

 2 min

 3 min

 5 min

 10 min-HORIBLE!!!

 15 min

30 min-HORRIBLE

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