|
Post by lovemyipad on Mar 17, 2013 12:43:47 GMT -8
One of these days -- hopefully SOON! -- that damn histogram is going to cross UP into positive territory!
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Mar 17, 2013 13:22:08 GMT -8
That counts as A intermediate uptrend marker, right?
There always seem like so many to keep track of, and that's just technicals.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Mar 17, 2013 13:23:17 GMT -8
I don't know why I bother but I have a penchant for trivia. Why would a green week this week be potentially significant this downtrend?
|
|
|
Post by lovemyipad on Mar 17, 2013 13:34:35 GMT -8
I don't know why I bother but I have a penchant for trivia. Why would a green week this week be potentially significant this downtrend? I know this one! I know this one! (Thank you for finally dumbing them down so I could get one! ) We haven't had 3 consecutive green weekly candles since this downtrend started; we keep hitting the wall after 2. So here we are sitting on 2 and hoping to get that third green for jackpot! RE: previous post... Yes, re: intermediate trend -- you got it!
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Mar 17, 2013 13:40:50 GMT -8
Yup, it's almost a troll on technicals-savvy people who don't look at candle charts. ;D
My God. Did I say all that? And why the heck is there quadruple bearish divergence between my technicals knowledge level and my account balance?!? ArghblarghLOL
|
|
|
Post by lovemyipad on Mar 19, 2013 13:12:37 GMT -8
LOOK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MACD-h all the way at the bottom... Also, Fast Sto out of embedded oversold... AAPL WEEKLY CHART:
|
|
|
Post by appledoc on Mar 19, 2013 14:58:23 GMT -8
I can't get as excited as you iPad. It's only Tuesday
|
|
|
Post by lovemyipad on Mar 23, 2013 8:54:45 GMT -8
Volume "coming off key bottoms" and "going into key tops." AAPL WEEKLY 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 Mar 23, 2013 12:01:26 GMT -8
That sounds "bad".
|
|
|
Post by lovemyipad on Mar 23, 2013 12:22:13 GMT -8
No, it should sound "good." I'm comparing to previous bottoms!
|
|
|
Post by Ultrarunner on Mar 23, 2013 13:04:24 GMT -8
AAPL's had some great upward moves on low volume. I like it because it keeps everyone skeptical until we are well into an uptrend. Then they can throw the towel in and drive the price higher than it might have gone if everyone had bought at the beginning. I guess this goes against standard TA but it seems to work this way for AAPL at least. Some of the rebounds on the downtrend since September were on very high volume. All they did were suck people like me into investing more before the inevitable reversal.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Mar 23, 2013 13:20:51 GMT -8
That "moving into key tops" part threw me off. Whoops. *duncecap*
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Mar 23, 2013 13:22:07 GMT -8
Btw iPad, you think the mega macro uptrend might be useful to chart at some point? We're actually in range of getting "back on track" within the next month, though who the heck knows how earnings will be.
Also: Fast STO must be looking better after yesterday, huh?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 23, 2013 17:12:07 GMT -8
though who the heck knows how earnings will be. But that's the point, isn't it, to watch volume and price. Volume should be an indicator that the big boys are jumping in (confidence in earnings report), nez pas (sic)? And if they are jumping in, which I expect to start seeing (5 DMA volume above 20 million) any day now, then AAPL's assent is assured until at least earnings.
|
|
|
Post by lovemyipad on Mar 24, 2013 8:21:30 GMT -8
Nothing is ever assured.
|
|
|
Post by lovemyipad on Mar 25, 2013 14:21:05 GMT -8
Mace! Help! I don't know my I-Cloud lingo and only kinda sorta know the broad strokes of reading the chart. Goal is to get above green cloud, but baby steps... Right now above blue line (conversion line?) for first time since counter-trend bounce to 594. AAPL WEEKLY: Cloud thingy
|
|
|
Post by mace on Mar 25, 2013 15:05:16 GMT -8
Usually look at daily chart. Ichimoku cloud theory: Above cloud = up trend Inside cloud = no trend below cloud = down trend All lines can act like support/resistance e.g. lower cloud line (green color) act as the resistance for today's HoD. Bullish Signals: Price moves above Cloud (trend) Cloud turns from red to green (ebb-flow within trend) Price Moves above the Base Line (momentum) Conversion Line moves above Base Line (momentum) Bearish Signals: Price moves below Cloud (trend) Cloud turns from green to red (ebb-flow within trend) Price Moves below Base Line (momentum) Conversion Line moves below Base Line (momentum) Interpretation of current AAPL ichimoku cloud:In down trend since price is below cloud. Since price is above both base and conversion line, downtrend's momentum is broken and in counter-trend i.e. up. I find ichimoku cloud always late in predicting trend reversal unless you front-run the signals. However, it gives you confident in holding a position (long or short) for much longer than other TA indicators. For DMI/ADX indicators, do you notice that DI+ is above DI- and ADX has went between them? Very good sign. When ADX turns up with DI+ above DI-, means up trend.
|
|
|
Post by wheeles on Mar 29, 2013 1:43:39 GMT -8
The week just finished looked like a retest of the weekly trend line that got broken in the move up to the daily upper Bollinger/acceleration band. A close on the weekly chart above the high of the last fortnight is what we are looking for now to kick off a move that gets AAPL above 500 once more. I'd rather not see a move down to the weekly lower Bollinger, but it's not beyond the realms of possibility.
|
|
|
Post by lovemyipad on Mar 31, 2013 13:27:25 GMT -8
AAPL WEEKLY 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 Mar 31, 2013 13:53:45 GMT -8
If there's "good" news, AAPL seems highly unlikely to surprise us _much_ (to the downside) from here. A very nasty fall, but it's happened and it's slowing down. More than the broader markets, which are in extended uptrend, can say.
Weekly picture slowly looks less bleak. WAG: MACD-h breaking into positive territory will lead to some form of positive feedback loop. Just have to get there first.
|
|
|
Post by lovemyipad on Apr 1, 2013 14:26:28 GMT -8
Weekly Fast STO's back in embedded oversold territory... AAPL WEEKLY 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 1, 2013 19:01:05 GMT -8
As Redler might say: Gross.
|
|
|
Post by Big Al on Apr 3, 2013 0:29:50 GMT -8
Looking at the weekly (log) chart we are still in the descending channel. My hope was that the last few weeks were outliers to the downside of the long-term rising channel, just like the weeks in March/April and Aug/Sep were outliers to the upside of that channel. However, by now I think that we will not go back quickly to that channel. Therefore, I looked at longer timeframes and found a trendline which held 2004 and 2009. We are currently at that trendline, and maybe that will give us some support. But who knows.
|
|
|
Post by bloodylongaapl on Apr 3, 2013 0:42:49 GMT -8
Another touch of 419 and bounce would create a very pretty W on that weekly chart...
|
|
|
Post by lovemyipad on Apr 3, 2013 4:17:48 GMT -8
Al, very nice -- thank you!! M, indeed it would.
|
|
|
Post by rickag on Apr 3, 2013 6:24:11 GMT -8
Another touch of 419 and bounce would create a very pretty W on that weekly chart... Beauty is in the eye of the beholder.
|
|
|
Post by lovemyipad on Apr 5, 2013 14:50:48 GMT -8
AAPL WEEKLY 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 5, 2013 15:08:16 GMT -8
The farther down you go, you closer you get to further-down targets. SMA-200 isn't inevitable, but it is a level to watch. Particularly if Apple "misses" again on earnings.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Apr 6, 2013 15:05:10 GMT -8
Mace! Help! I don't know my I-Cloud lingo and only kinda sorta know the broad strokes of reading the chart. Goal is to get above green cloud, but baby steps... Right now above blue line (conversion line?) for first time since counter-trend bounce to 594. AAPL WEEKLY: Cloud thingy Lovey, I'm going to throw something out there, and I'd appreciate some comment. I'm looking at your chart, specifically the Awesome Osc. Here's what I'm seeing (keep in mind that these are 'fundamental eyes' doing the observations). The AO seems to be tracking Sentiment. I believe that Sentiment is a derivative of guidance with base line established by earnings. Note how the AO tracks relative to earnings months. It appears that Sentiment is closely following guidance with shifts in direction caused by earnings. Now note that AO has been rising for the past several weeks as we head into earnings. This seems to be following MACD Histogram trend. Could the "market" be expecting "acceptable" earnings this month, but is reacting to raids by Bears in the interim?
|
|
|
Post by lovemyipad on Apr 6, 2013 18:18:56 GMT -8
Gregg, here's my take... You can spin any fundamental explanation you want, but you can't prove it.
|
|