AAPL Chart Interesting

Here's a larger update on AAPL.

 From the decline to the bearish consolidation/continuation pattern with a potential head fake break below support of the price pattern, Friday afternoon we saw a strong intraday positive divergence at the bottom of that V as AAPL then proceeded to move higher. A head fake move completed would see AAPL follow the yellow arrow above the bearish price pattern that is very common in T.A.

 The longer term 5 min AAPL chart with the negative sending it lower, confirmation on the move down and a positive divergence in to the bearish pattern with a small negative sending AAPL lower from the top of the triangle and a leading positive in the break down area (potential head fake area).

 Here's this morning's open, triggering some volume as stops and shorts come in.

This 1 min negative divergence at the end of Friday was noted in this AAPL update Friday

We didn't have any idea what that negative late day divergence on a 1 min chart was about, but it seems clear now it was about the management shakeup that AAPL pulled as Hurricane Sandy had everyone's attention.

Right now we need to see the start of a 1 min positive divergence , which is just starting to show up, it needs to build quite a bit to be high probability, but I still think there's a good chance this turns out to be a head fake move.

AAPL 1 min right now