|
Post by wheeles on Dec 17, 2012 2:53:23 GMT -8
This is a 4H chart. I'll let you decide what this means.
|
|
|
Post by lovemyipad on Dec 17, 2012 4:04:12 GMT -8
This is a 4H chart. I'll let you decide what this means. Short below 505 with a (trailing?) stop at 515. Now to see if they're running stops for a whipsaw...or if it's just the usual down and more down.
|
|
|
Post by phoebear611 on Dec 17, 2012 4:16:31 GMT -8
Is Avi still thinking 470s? Is there anyone thinking we could see a bounce from a higher level based on pure technicals or no?
|
|
|
Post by lovemyipad on Dec 17, 2012 4:37:25 GMT -8
Short below 505 with a (trailing?) stop at 515. Now to see if they're running stops for a whipsaw...or if it's just the usual down and more down. Is Avi still thinking 470s? Is there anyone thinking we could see a bounce from a higher level based on pure technicals or no? If/then: 502 ---> 494 470 is his "no lower than" level. Can bottom/bounce any time now. We're in the target bottoming/bounce zone.
|
|
|
Post by phoebear611 on Dec 17, 2012 4:38:32 GMT -8
Is Avi still thinking 470s? Is there anyone thinking we could see a bounce from a higher level based on pure technicals or no? If/then: 502 ---> 494 470 is his "no lower than" level. Can bottom/bounce any time now. We're in the target bottoming/bounce zone. As always - thank you.
|
|
|
Post by lovemyipad on Dec 17, 2012 4:39:23 GMT -8
As always, my pleasure.
|
|
|
Post by lovemyipad on Dec 17, 2012 4:41:54 GMT -8
Hmmmm...remember this one? AAPL 1H INTRADAY CHART: Follow-up to above post... Ha! The flag that wasn't! Wrong, wrong, wrong on that one! 38.2% shy of the 100% measured move, stopped dead at the 61.8 extension. Note the clear bearish divergence on each higher high. After this ^^ point in the chart, our next push higher (after initial retrace to refuel) still couldn't break above resistance -- not enough buyers willing to pay more -- so we had a double-top, push through failure. And so it goes... Now to watch our bullish divergences for the same thing in reverse... Pistols at dawn. Let's see who wins the next Battle of the Fibs!
|
|
|
Post by lovemyipad on Dec 17, 2012 5:18:09 GMT -8
493.87 = 61.8% retrace of the move from 363.32 to 705.07
Current premarket low = 496.69
|
|
|
Post by wheeles on Dec 17, 2012 5:52:21 GMT -8
Short below 505 with a (trailing?) stop at 515. Now to see if they're running stops for a whipsaw...or if it's just the usual down and more down. I was thinking more of a retest of the reverse of a trend line combined with a falling wedge. Hence a possible reversal.
|
|
|
Post by lovemyipad on Dec 17, 2012 6:02:34 GMT -8
Short below 505 with a (trailing?) stop at 515. Now to see if they're running stops for a whipsaw...or if it's just the usual down and more down. I was thinking more of a retest of the reverse of a trend line combined with a falling wedge. Hence a possible reversal. You got exactly that premarket.
|
|
|
Post by wheeles on Dec 17, 2012 8:15:00 GMT -8
I was thinking more of a retest of the reverse of a trend line combined with a falling wedge. Hence a possible reversal. You got exactly that premarket. Then it ran into the 1H upper STARC band and fell away.
|
|
|
Post by lovemyipad on Dec 18, 2012 13:20:53 GMT -8
AAPL INTRADAY 15-MIN CHART: See green Fib grid for upside levels and blue grid for downside levels. Ideally, we don't want to retrace any more than 61.8%, which right now is 514.08.
|
|
|
Post by lovemyipad on Dec 18, 2012 15:14:14 GMT -8
AAPL FOUR-HOUR CHART: Additional notes: BBs narrowing in range contraction / volatility squeeze. IF above SMA-20 (yellow), THEN target SMA-50 (blue).
|
|
|
Post by lovemyipad on Dec 24, 2012 11:11:28 GMT -8
Corner smooshie should resolve this week... AAPL INTRADAY 1H CHART:
|
|
|
Post by lovemyipad on Jan 8, 2013 4:31:43 GMT -8
|
|
|
Post by rickag on Jan 8, 2013 5:51:17 GMT -8
Thank you for the information. I bookmarked the website for reference.
|
|
|
Post by wheeles on Jan 29, 2013 5:31:17 GMT -8
Looking at the 1H chart (including PM) it would seem that we've just broken the neckline of an IHS with a target of 471-ish. If we stay above 453 over the next 30 minutes (to close the hourly bar over that neckline), then we could be in for a good day.
|
|
|
Post by lovemyipad on Mar 13, 2013 13:25:23 GMT -8
I'll do another one these for the bullish divergences, but for now, here is this... AAPL INTRADAY 15-MIN CHART: Bearish Divergences Regular Bearish Divergence: Hidden Bearish Divergence:
|
|
|
Post by lovemyipad on Apr 13, 2013 11:21:22 GMT -8
Renamed this thread, formerly Intraday Charts. So here's a place for intraday charts and intraday chart talk for those who are interested in such things. ;D During trading hours, I strictly limit my exposure to news and fundamentals (the f-word) because they may unduly influence (bias) my expectations of "what should happen" to the stock price when I'm trying to maintain my objectivity in interpreting "what IS happening." Technicals don't lie. They don't spin. They have no agenda. They tell it like it is, for better or worse.
|
|
|
Post by lovemyipad on Apr 13, 2013 11:43:30 GMT -8
AAPL ONE-HOUR CHART: One Way of Measuring Composure
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Apr 13, 2013 12:59:49 GMT -8
AAPL ONE-HOUR CHART: One Way of Measuring Composure The current "fractal" still looks so similar to the intermediate-term action in Apple from mid-2011ish. Wow. The 61.8% Fib retrace is a both a fairly simple metric to remember and it's also a great measure of momentum (which is what directional trends are all about!) For the benefit of those newer to technicals, as iPad herself has said and pointed out through many awesome charts, there's more than one way to measure composure and often composure signals can conflict, depending on timeframe, the type/purpose of indicator, faulty market signals, whatever. Some are more "aggressive" or real-time indicators, others not. Also, it's a great trader's rule of thumb (for traders smarter than myself, which is most everyone ) to wait for "confirmation" to have a better-odds basis for initiating new trades (which is also known as "calculated entries" - setups designed to reduce risk and uncertainty when the trades are, well, set up properly). At the risk of splitting atoms, I happen to think AAPL's composure is improving, but incredibly weakly considering the daily and especially weekly MACD-h trends. Have I been trading it? Very little, because to say AAPL's composure is improving is kinda like saying there was a 30-second light rain over the Gobi Desert the other week (let's just pretend there was ). I don't think AAPL's intermediate-term composure has improved nearly enough to the point of calculated trades (at least as of the past couple weeks), because even as 419-ish is holding as support, that ticker has very little momentum on most bounces, whether it be retraces of more micro downwaves or just plain volume relative to typical levels. Just my rusty 2 cents though, supported somewhat by technicals (which do not and cannot predict future direction).
|
|
|
Post by lovemyipad on Apr 13, 2013 19:09:38 GMT -8
Mav, excellent post -- thank you!!
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Apr 13, 2013 23:59:39 GMT -8
AAPL ONE-HOUR CHART: One Way of Measuring Composure From the very risky momo/countertrend trader's perspective, power over 436-438 may portend a small IHS formation over the past 8-10 trading days, but I'm only pointing it out for tracking purposes. We're 7 or so trading days from earnings, and technicals will be of pretty much zero use for predicting Wall Street's response to the numbers. Technicals could also be less useful around events like earnings. Personally, I may not trade AAPL earnings much, if at all. I mean hey, if AAPL surprises to the upside, it's not like it'll be a 200 point pop the day after and I'll have no chances to re-measure composure and get back on an uptrend train.
|
|
|
Post by lovemyipad on Apr 15, 2013 17:37:44 GMT -8
H & S. Head at 469. Left shoulder 439. Right shoulder 438. Neckline right here at 419. Measured move 50 points. 419 - 50 = 370. Confluence with weekly SMA-200.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Apr 15, 2013 18:15:32 GMT -8
Possible. But as you can imagine, trading really isn't on my mind right now.
Good to hear your husband's OK.
|
|
|
Post by rickag on Apr 16, 2013 3:40:31 GMT -8
H & S. Head at 469. Left shoulder 439. Right shoulder 438. Neckline right here at 419. Measured move 50 points. 419 - 50 = 370. Confluence with weekly SMA-200. A perfect example of H&S. Perfect enough to be the exception, I hope. But with TTEs surely to decline, looks like $400 or bellow is getting more likely.
|
|
|
Post by lovemyipad on Apr 17, 2013 17:04:34 GMT -8
Potential H&S measured move percentages... AAPL INTRADAY 60-MIN CHART:
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Apr 17, 2013 17:08:14 GMT -8
That AAPL got hit for a 5%+ drop in a single day is curious to say the least. But what can ya do.
I'm treating AAPL as if it's in free fall until next week. Sure, exaggerated selling which is a potential Day 1 of capitulation, but we're very close to an event, and the whole catching a falling battleaxe deal.
|
|
|
Post by nathanstevens on Apr 17, 2013 18:10:17 GMT -8
That AAPL got hit for a 5%+ drop in a single day is curious to say the least. But what can ya do. I'm treating AAPL as if it's in free fall until next week. Sure, exaggerated selling which is a potential Day 1 of capitulation, but we're very close to an event, and the whole catching a falling battleaxe deal. Pretty good sized handle on a battle axe. Much easier to catch than a knife. Results may vary. /s
|
|
|
Post by lovemyipad on Apr 26, 2013 14:29:55 GMT -8
Here's an update on our *potential* H&S, which would now be retesting the neckline. AAPL INTRADAY 1H CHART:
|
|