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Post by lovemyipad on Sept 3, 2013 16:42:50 GMT -5
Lower BB hook ---> consolidation
Suggests new highs unlikely for a while.
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Mav
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Post by Mav on Sept 3, 2013 18:22:00 GMT -5
Suggests, maybe, but I think the iPhone story has a good chance of affecting the AAPL narrative within the next 2-6 weeks. Maybe even next week if China Mobile is announced. Not trading the theory yet, but I'm watching fairly closely by my low standards.
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Post by lovemyipad on Sept 5, 2013 15:10:09 GMT -5
AAPL WEEKLY CHART:  |
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Post by lovemyipad on Sept 10, 2013 19:30:26 GMT -5
AAPL WEEKLY CHART:  |
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Post by capablanca on Sept 11, 2013 12:58:30 GMT -5
I'll be happy if we close above 460 on Friday; 465 would be even better.
That is the 26-week EMA that I am watching.
I bought DEC 480/500 BCS this morning for $6.51 using the profits from the naked SEP 500 calls I sold last Friday. (I guess I am counting chickens before they are hatched; we could be above 500 by next Friday, I suppose.) So I am double short the 500s for 7 more days.
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Post by lovemyipad on Sept 11, 2013 16:31:21 GMT -5
AAPL WEEKLY CHART:  |
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Post by capablanca on Sept 14, 2013 11:04:27 GMT -5
"I liked 465 a whole lot better on the way UP... " - from the Intraday thread.
We should benefit from testing the 26-week EMA if indeed it holds. This level is important by my methods. A couple more weeks should tell.
For now I still like our chances of $550 by year end.
Fresh in my mind is how all the experts and analysts hated the 4s.
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Post by lovemyipad on Sept 14, 2013 14:29:06 GMT -5
Sitting right on the weekly EMA-13 @ 463.68 (dividend-adjusted). Resistance at SMA-50. First tests of key support / resistance *usually* hold, then get retested. Resistance held at SMA-50. Support held (so far) at EMA-13. Now, let's see which is retested first -- and which breaks first. Note the comparison areas blocked with vertical red lines -- similarities in price pattern, Fast Sto and MACD/MACD-h. AAPL WEEKLY CHART:  EDIT: I added Capa's EMA-26 (thanks, Capa!), currently 459.31, div-adjusted, which is very close to EMA-20, currently 458.69. |
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Post by lovemyipad on Sept 16, 2013 18:06:08 GMT -5
Sitting on the weekly SMA-20 / middle BB here... AAPL WEEKLY CHART:  |
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Post by capablanca on Sept 19, 2013 12:14:55 GMT -5
As I write this, (1:00pm EDT), we are right at $475. A weekly close at this level would warm my heart at least through the weekend.
It might also lead to fatter wallets. $550 still my target for 12/2013 if this level holds.
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Post by lovemyipad on Sept 19, 2013 16:26:17 GMT -5
AAPL WEEKLY CHART:  |
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Mav
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Post by Mav on Sept 19, 2013 16:27:05 GMT -5
The bounce from the SMA-20 weekly is very helpful intermediate-term.
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Post by lovemyipad on Sept 19, 2013 16:27:55 GMT -5
The bounce from the SMA-20 weekly is very helpful intermediate-term. VERY. Looking bull flaggy... And similarities with coming off that 2009 bottom... |
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Mav
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Post by Mav on Sept 19, 2013 16:28:49 GMT -5
Well, it was looking _very_ bull flag-like until recently. I'd call 465-470ish a victory for the week, then Monday is a huge day for sentiment.
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Post by lovemyipad on Sept 19, 2013 16:30:47 GMT -5
Look at the potential measured move on that thing...  |
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Post by capablanca on Sept 24, 2013 12:48:07 GMT -5
The current conditions remind me somewhat of the latter half of August 2011.
Of course, I remind myself that what works in bull markets does not translate to bear markets. Or in reversals either for that matter.
Still optimistic regarding AAPL, but I have recently STO bear vertical call spreads on the SPY, along with BTO puts on SPY. The VIX is very low and the slow stochastic (weekly) just turned up.
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Post by lovemyipad on Oct 26, 2013 23:16:32 GMT -5
AAPL WEEKLY CHART:  |
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Mav
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Post by Mav on Oct 26, 2013 23:51:01 GMT -5
This is why I like price action over stuff like divergences. Easier to follow.  |
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Post by mace on Oct 27, 2013 18:57:21 GMT -5
AAPL WEEKLY CHART: So is AAPL at similar point like May 2009 (rally for years to $900-$1800(with $150B buyback) or something else. |
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Post by nathanstevens on Oct 27, 2013 20:43:44 GMT -5
AAPL WEEKLY CHART: So is AAPL at similar point like May 2009 (rally for years to $900-$1800(with $150B buyback) or something else. I really like the look of the 5 yr monthly chart. |
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