Boca_Bobby Basics

[boca_bobby]

Holding our water here on AAPL. I probably had the worst timing on an entry on this one but that doesn't mean we still won't make a few coins. I've been watching the chart all day and I still feel pretty good.

Yesterday we saw that huge run up after what I am calling a completion of wave 5 of the daily chart. The one clear thing I see is that gap that may still have to be filled. We would have to go to $519 for that to happen.

Today's early action was loud and in your face. we were up in premarket but could't seem to break through and hold that $510 level. So the 1st half hour we saw profit takers take a little lunch money. But since then we've seen the bulls and bears dig in and have a battle royale.

With about 2 hours left in the day I look for the bulls to come out victorious and take us slightly higher to close the day around $512. This will probably be a great sign for tomorrow's action as I think the $520-$525 area will be hit!

Let's see how this plays out!