Wednesday, October 31, 2012

AAPL Pre-Market

After the big management shakeup at AAPL, it's normal to expect some volatility,  pre-market trade in AAPL is down -1.1% at $597-ish.

Compared to last week, you can see where the bid/ask are to the right at the hash marks by price.

While the normal market hours version of 3C is better, we can still get an idea from the extended hours version.

In early pre-market trade AAPL came down from highs of $603.93, 3C (1 min) followed it, but then 3C went to a relative positive divergence and the downside momentum started to subside until AAPL was heading lateral, at the lows of pre-market the 3C positive divergence was picking up steam until it moved to a stronger leading positive divergence and AAPL is starting to see a little upward movement.

The normal hours version of 3C is better for AAPL, but that's what pre-market looks like thus far.


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