AI
Friday, March 15, 2013 12:50:49 PM
AAPL Chart -- critical point here:
Long term descent resistance line has still not been broken and neither has the short term ascent resistance line. They cross at $446. Which line wins?
If the descent wins, I see $400 test next.
If the ascent wins, I see gap fill to $505 is inevitable.
I am waiting for $400 - or at least for options expiration today and further thought Monday or so.
Long term descent resistance line has still not been broken and neither has the short term ascent resistance line. They cross at $446. Which line wins?
If the descent wins, I see $400 test next.
If the ascent wins, I see gap fill to $505 is inevitable.
I am waiting for $400 - or at least for options expiration today and further thought Monday or so.
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