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Re: MMStockPlay post# 857

Tuesday, 08/21/2012 7:23:55 PM

Tuesday, August 21, 2012 7:23:55 PM

Post# of 6242
Hi MMStockPlay, good to hear from you. :)

Here is the AAPT daily chart:



The RSI (2), CCI (3), and Fast Sto have all topped out and turned down and the Fast Sto has crossed negatively below its signal line. AAPT has given an ST sell signal by closing back under its upper BB. AAPT apears headed towards its 8 DEMA at .0311. If it breaks and closes below its 8 DEMA then AAPT will likely head toward R1 at .0232 and if it breaks and closes below R1 it will head towards its pivot point at .0020. Note, AAPT closed closed below its R2 level whhich is currently at .0380.

Here is the AAPT weekly chart:



AAPT's weekly next level of support is at its weekly R1 level which is currently at .0310.

Note, I sold out my 1M BBDA shares today for a 200% profit. :) I look forward to get back ito BBDA at a lower price if and when conditions warrant it. BBDA is currently technically deteriorating.

Here is the BBDA daily chart:




Here is the BBDA weekly chart:



I am currently QQQ, AAPL, and DELL puts at or very near the money. :) Dell is taking a big hit in the AH based on earnings revenue miss and lowered 3rd QTR revenue projections. :)


Here is the DELL daily chart:



Here is the DELL weekly chart:




Here is the AAPL daily chart:



Here is the AAPL weekly chart:



Here is the QQQ daily chart:



Here is the QQQ weekly chart:



Best,

Bob

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