Tuesday, October 16, 2012

AAPL Update

I've had a lot of emails this morning for an AAPL update, AAPL is not so dissimilar from the other updates this a.m., approaching resistance, but still has longer term positive divergences that should drive it higher.

 AAPL's daily reversal signal...

 AAPL 5 min nearing resistance

 AAPL 1 min  is in line or actually even better with a leading positive divergence.

 AAPL 5 min is in a leading positive divergence, or in other words, it looks like AAPL is JUST getting started on this move higher.


 The 10 min chart is also leading positive as well as the 30 min below, there's a lot of strength there to move AAPL higher, in the VERY near term there's resistance coming up which may give us a little pullback or maybe just a consolidation, but AAPL definitely looks like it is just starting its run higher.


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