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Post by prazan on Sept 25, 2013 20:15:26 GMT -8
A quick technical note for any insomniacs out there. We're sitting on the 21 day, and as grim as it looks, daily MACD looks about to flip positive.
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Post by macziggy on Sept 25, 2013 21:17:53 GMT -8
A quick technical note for any insomniacs out there. We're sitting on the 21 day, and as grim as it looks, daily MACD looks about to flip positive. Definitely positive divergence on the daily chart with lower low price and higher MACD. This is not always the ultimate indicator, but worth watching.
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Post by Deleted on Sept 25, 2013 23:51:01 GMT -8
Offtopic- Condolences to any kiwis or ETNZ supporters. Best. AC. Ever. That was brutal. Oracle did a better job with their boat, no question there. Man we hate losing to an Australian.
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Post by ahmpower on Sept 26, 2013 0:22:58 GMT -8
Today's action is nothing to be concerned about, IMO. All three US Indexes are down, with AAPL dropping a bit more percentage wise. But I think it's reasonable that AAPL is off by about 1.2%, considering that during the prior 2 days it went up 4.97%. Volume suggests to me that sellers exist in the same volume as before, with buyers having got their fill and are now taking some time off. if we are going to consider to 5% gain two days prior to justify the larger drops than the rest, we can also bake in the 11% drop from the week before right? by that logic AAPL should be up vs the market It's not so much that AAPL needs to be green every day. We are so happy that AAPL is climbing back up that we forgive the following couple of days down, forgetting that we were already over 500 before the iPhone 5s/c introduction and all the FUD managed to subtract $50. It took a miraculous weekend sales figure to not even recover that loss. That's the real issue I have. The stock is 1 step forward, 2 steps back, and we adjust to this and are content. We are just too in love with the stock.
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