Tuesday, March 12, 2013

AAPL Update

This is an update of the earlier AAPL long idea (short-term/intraday trade)...

 The 1 min intraday AAPL chart looks like many of the averages, eve the SPY where the positive divergences are only on the later intraday timeframes/

 3 min has a decent relative positive divergence, at 5 mins AAPL is back in line (3C/price confirmation).


I show this AAPL 15 min chart which is mostly in line to illustrate why there are no longer term trades in AAPL, there's no edge.

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