AAPL Chart Talk

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    Posted: 30 August 2012 06:04 PM #1306

    AAPL DAILY CHART (with my notes):

         
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    Posted: 30 August 2012 07:58 PM #1307

    Mav - 30 August 2012 07:51 PM

    iPad?  Bueller?

    To me, I see a 23.8% retrace of the 607ish-680ish move from the beginning of August.  I don’t know if technicians would consider that a “valid” measuring point.

    Works.  600.25 to 680.87:

    23.8% = 661.84
    38.2% = 650.07

    IMHO, after that, the next leg up needs to close today’s opening gap, or we’ll get another leg down, targeting between 630-640.

    [ Edited: 30 August 2012 08:03 PM by lovemyipad ]      
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    Posted: 30 August 2012 08:01 PM #1308

    roni - 29 August 2012 11:01 PM

    Bullish wedge/flag?

    Island top?

         
  • Posted: 30 August 2012 08:21 PM #1309

    Isn’t an “island top ” a bearish signal?

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    Keep Calm and Carry On

         
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    Posted: 30 August 2012 08:58 PM #1310

    Phoebear611 - 30 August 2012 11:21 PM

    Isn’t an “island top ” a bearish signal?

    Yes.  We started this run from 570 with an island bottom.

    Need to close today’s opening gap to invalidate the island top possibility.

         
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    Posted: 30 August 2012 09:01 PM #1311

    Uhoh.  Dead Serious? iPad.  I’d best behave. :oh:

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 30 August 2012 09:04 PM #1312

    Mav - 31 August 2012 12:01 AM

    Uhoh.  Dead Serious? iPad.  I’d best behave. :oh:

    LOL!  You always know when I’m 1/2 distracted by other stuff! :D

         
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    Posted: 30 August 2012 09:08 PM #1313

    I’m not trolling, really I mean it!

    (How many of these have I given myself already?!)

    Well iPad, nice knowing you, since I ONCE AGAIN bought a top (sort of), maybe…

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 30 August 2012 09:33 PM #1314

    Mav - 31 August 2012 12:08 AM

    (...)
    Well iPad, nice knowing you, since I ONCE AGAIN bought a top (sort of), maybe…

    Awww…Mav…  It’s so hard to differentiate retrace versus reversal until the turning point’s in the rearview mirror!  Not to mention reversals up and down seem to happen at the most illogical times this year…

    EDIT: IF 680’s the temporary top—and I’m not saying it is—we should have a retest.  Only caveat…if 675 was the “top” and 680 was the retest.  Blah.

    [ Edited: 30 August 2012 09:48 PM by lovemyipad ]      
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    Posted: 30 August 2012 11:59 PM #1315

    Here’s my WAG… smile

    AAPL SIX-HOUR CHART:

         
  • Posted: 31 August 2012 12:31 AM #1316

    lovemyipad - 31 August 2012 02:59 AM

    Here’s my WAG… smile

    AAPL SIX-HOUR CHART:

    Looks like a bicycle pattern to me (or are those just your drawings:). Maybe it’s the bicycle going to the moon in ET. AAPL is going higher.

         
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    Posted: 31 August 2012 01:19 AM #1317

    And now that’s all I see:

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 31 August 2012 01:21 AM #1318

    adamthompson32 - 31 August 2012 03:31 AM
    lovemyipad - 31 August 2012 02:59 AM

    Here’s my WAG… smile

    AAPL SIX-HOUR CHART:

    Looks like a bicycle pattern to me (or are those just your drawings:). Maybe it’s the bicycle going to the moon in ET. AAPL is going higher.

    Lol, true, looks like a custom chopper.

         
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    Posted: 31 August 2012 01:29 AM #1319

    LOL!!!!!!!!!!!!!!!!!!!!!

         
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    Posted: 31 August 2012 02:24 AM #1320

    It’s pretty amazing, those similarities. smile

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.