Tuesday, April 23, 2013

AAPL May Still Be the Key

At least to short term action, as a reminder, AAPL reports after the close with a conference call at 5 p.m. EDT.

The AAPL charts still suggest that AAPL has a strong move coming...
 1 min chart really doesn't look that bad, the market averages since yesterday afternoon have looked much worse.

The 10 min chart has an enormous leading positive divergence.

 As does the 15 min chart

And the 30 min chart has shown some incredible upside momentum from an already very positive chart.

I may even consider adding to AAPL if the price correction and charts make sense.

No comments: