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Re: jcabrer post# 6907

Monday, 11/19/2012 9:26:46 PM

Monday, November 19, 2012 9:26:46 PM

Post# of 9104
Sweet deal bro!

I'd expect AAPL to pop in the morning and close down (because AAPL usually closes down after a big run - big usually being ~3-4%). You've got resistance at the 20 MA (~574), 580, the 50 MA (~592), then 600 (580 and 600 being mental barriers. Then again, this was oversold for a while so it could run back up through some of those resistances without bouncing off of them too much like it did today.

Anyway, MAKE DAT MONEY!

EDIT: If you have the ability to watch real time intraday charts, I'd recommend it. Apple usually respects intraday moving average supports and resistances as well as pivot points.

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