Thursday, October 24, 2013

AAPL Update

If you set your alerts than you know what AAPL just did...

This excerpt is from the last paragraph of this morning's AAPL post.

"This is not a true ascending triangle or at least it's sloppy, but AAPL lovers will view it that way and that means they expect an upside breakout, that would be the perfect bull trap so I'll put it on the alert system and I'd suggest you set some price alerts if you like the position, we'll see if we can't find a higher probability/lower risk entry."

So now we keep an eye on it and look for a possible bull trap / entry. Tech as a sector has had some horrible signals.

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