Friday, September 21, 2012

AAPL

Just to show the trend is an important part of the information, I'll include that. This is all information as of the post QE3 announcement except the positive divergence e identified before the new phone was unveiled.

 1 min trend

 1 min intraday, you won't see ANY positive divergences in AAPL today

 2 min trend

 2 min intraday

 3 min trend

 3 min intraday


 This is the important chart as the deterioration of the 5 min has been the signal I've been looking for since the positive divergence on the 11-13th. The 5 min trend since the positive divergence and before the IP-5.

5 min intraday.

I'm not sure if they are looking for a pin at $700 ish, the information after the pin will be crucial, but this is not good underlying action in AAPL today

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