Tuesday, August 27, 2013

AAPL Follow Up

I posted several days ago that "IF" AAPL pulled back, I'd be interested in it as a long. Today it's doing that, look at volume, stops and limits were hit at $495 and then again at $490, I think that large supply is being accumulated. AAPL charts are improving and I wish they were just a little further along, it's not that they don't look good enough, it's that they aren't mature enough.

However again as mentioned in the last post, things are starting to move so quickly now that I wouldn't be surprised if it was only a matter of another 2 hours or so until we have tradable bases.

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