If there ever was a time for a head fake move in AAPL, this would be the one, but I have no idea what to make of it unless A) there's some leak in AAPL earnings or B) they don't care, they'll just spin sentiment the way they want and retail doesn't care what the earnings are if AAPL moves up AH.
I'm as puzzled by this move as I can be, but we'll see when the weight challenged lady sings.
You see that volume under intraday support where all of the stops or limit orders were congregated? That is the reason for a head fake move.
AAPL 1 min seems to have almost no damage at all, it doesn't really fit except with a true head fake move, but there's so little time left in the day, Does Wall St. know AAPL will have a good reaction to earnings or will they create one?
And the 5 min chart is still hanging in there, VERY strange
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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