Friday, December 21, 2012

AAPL Retest of Original Setup






The 15 min. chart of AAPL above shows that we retested the original 15 min. long setup on the open. A gap fill is being attempted.
at

10 comments:

  1. chinDec 21, 2012, 1:11:00 PM

    Jamie,

    514 seems to be LIS as you have mentioned early... OpEX pinning seems to be around 515.

    ReplyDelete
  2. TJDec 21, 2012, 1:56:00 PM

    Opex is a big snooze. The only stocks that really get anything going are earnings gaps like RIMM or news related plays.

    I'm patiently waiting for a short squeeze in AAPL. Maybe during Xmas week.

    ReplyDelete
  3. chinDec 21, 2012, 2:16:00 PM

    happy holidays to you.

    ReplyDelete
  4. TJDec 21, 2012, 2:20:00 PM

    Thx Chin,

    Happy holidays to you too!

    ReplyDelete
  5. chinDec 27, 2012, 9:46:00 AM

    Hi Jamie,

    AAPL is looking very weak plus all these media news is not helping at all. Volume is very light but don;t think the stock will hold this 500 support much longer. Fiscal cliff worries will rattle the market short-term. What are you thoughts ?

    ReplyDelete
  6. TJDec 27, 2012, 9:56:00 AM

    I agree. This ambush zone 511-507 will give way as it is being tested too often without a lift-off.

    The bears are still in control. On the daily timeframe, it looks like AAPL is forming a handle for a break lower.

    ReplyDelete
  7. chinDec 27, 2012, 10:09:00 AM

    Looks like you H&S is in play.. $450 range perhaps.

    ReplyDelete
  8. chinDec 31, 2012, 10:40:00 AM

    your much awaited squeeze is here.. GL

    ReplyDelete
  9. chinJan 2, 2013, 11:01:00 AM

    Hi Jamie, would you be updating your view on AAPL now that it is close to the 50DMA ?
    Seems to be finding it difficult to hold 550 level again.

    TIA

    ReplyDelete
  10. TJJan 3, 2013, 12:26:00 PM

    Thx for the comments Chin.

    I have updated the AAPL chart with support/resistance zones.

    ReplyDelete