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investorpaul

08/21/15 7:32 PM

#116677 RE: Miracleman 1 #116676

You should use charts but definitely not the kind Claytrader uses. His supports and resistance levels get broken all the time. What you need is a gauge. You have to track institutional investors on the fundamentals of the company. If institutional investors are bullish then no matter if a Clay draws a resistance line it will get broken bcus institutional buys are adding, along with Clay and the normal trader. As far as your bearish perspective on AAPL you can definitely rest easy knowing that profits will come in due time as panic sets in over the weekend.