AI
| Followers | 6 |
| Posts | 368 |
| Boards Moderated | 0 |
| Alias Born | 11/13/2009 |
Wednesday, August 25, 2010 1:27:32 PM
Hi Fox,
I've been watching AAPL closely past few days, and it is similar to your chart.
AAPL has broken through 245 and 240 support and is now at the bottom of a channel. It has tested 240 multiple times today.
I think AAPL is bearish as long as it cannot get above 240. I'm looking for a test of the upper channel or 245 which may be a good short entry. If AAPL gaps above 245, I won't short...
Just some thoughts ...
(not live chart)
I've been watching AAPL closely past few days, and it is similar to your chart.
AAPL has broken through 245 and 240 support and is now at the bottom of a channel. It has tested 240 multiple times today.
I think AAPL is bearish as long as it cannot get above 240. I'm looking for a test of the upper channel or 245 which may be a good short entry. If AAPL gaps above 245, I won't short...
Just some thoughts ...
(not live chart)
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
