AAPL Chart Talk

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    Posted: 31 August 2012 02:53 PM #1321

    lovemyipad - 30 August 2012 09:04 PM

    AAPL DAILY CHART (with my notes):

    Your comment in the lower right hand corner of the above graph indicates: “Downwave in a Down Trend”. Say it ain’t so, Ms. iPad, that we are now in a downtrend. I though the island reversal needs to be confirmed first.

         
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    Posted: 31 August 2012 08:53 PM #1322

    rutgersguy92 - 31 August 2012 05:53 PM

    Your comment in the lower right hand corner of the above graph indicates: “Downwave in a Down Trend”. Say it ain’t so, Ms. iPad, that we are now in a downtrend. I though the island reversal needs to be confirmed first.

    RG, that’s one of the more sensitive indicators.  Since MACD’s a lagging indicator, I like a heads-up.  On the down side, you can get false signals (downtrend versus downwave.  So let’s watch and see what happens with the standard MACD-h, but just know that a shift has occurred (weaker momentum and volume), and currently, the wind is in our faces, not at our backs.

    [ Edited: 31 August 2012 08:58 PM by lovemyipad ]      
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    Posted: 31 August 2012 09:58 PM #1323

    iPad, I’ll dare to be contrarian on this one.

    Apple’s court win from Friday felt a little like…for lack of better thought at the moment…QE2.

    OTOH, AAPL actually IS holding higher for now.  I know, I know, AAPL heading downward over 4 days makes technicals look bad on some timeframes.  But AAPL is still comfortable with its new highs, and it’s still floating over Friday’s close.

    Am I just ignoring the charts at my own peril by saying this?

    Signature

    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 10:04 PM #1324

    Mav - 01 September 2012 12:58 AM

    (...)
    Am I just ignoring the charts at my own peril by saying this?

    Yes.  Unless something changes.

         
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    Posted: 31 August 2012 10:05 PM #1325

    HUGS & KISSES CHART:

         
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    Posted: 31 August 2012 10:08 PM #1326

    lovemyipad - 01 September 2012 01:04 AM
    Mav - 01 September 2012 12:58 AM

    (...)
    Am I just ignoring the charts at my own peril by saying this?

    Yes.  Unless something changes.

    *ahem* Though as you know, I don’t trade just on technicals.

    Signature

    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 10:19 PM #1327

    LOL! 

    Yep, and technicals are dynamic, not static.  Informative, not predictive.  So if anything changes, the technicals will show us when it happens…

         
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    Posted: 02 September 2012 08:11 PM #1328

    AAPL DAILY CHART - TRENDLINES:

         
  • Posted: 03 September 2012 12:35 PM #1329

    SI Henry’s latest

         
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    Posted: 04 September 2012 02:28 PM #1330

    iPad: 

    smile 

    (That’s the new ” : ) ” ?!  Looks like a smirk to me rolleyes

    Or a “knowing look”, or an “aw shucks”, or…

    Emoticon Dept.:  Keep it simple, people…

    Signature

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

         
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    Posted: 04 September 2012 10:07 PM #1331

    VERY smirky!  As in: does this forum make me look fat? smile

    In good news, I do believe we invalidated that pesky “island top” today! smile  Now, if we can just take out the ATH with good volume, we can invalidate the potential Head & Shoulder top too. smile

    EDIT: I’m smiling with those last two…not smirking!!!

         
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    Posted: 04 September 2012 10:23 PM #1332

    iPad:  Ignoring the charts was the best play last Friday. smile

    (OK, so maybe it looks like a smirk. LOL)

    And now, it sounds like (from what I’m read) the AAPL chart resolved any near-term bearish issues!  At least until tomorrow. raspberry

    Signature

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

         
  • Posted: 05 September 2012 09:40 AM #1333

    I can’t see all of these charts when posted… what do I need to change in my settings??  This new forum has been a little crazy getting used to… any help would be awesome!

         
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    Posted: 05 September 2012 02:38 PM #1334

    always learning - 05 September 2012 09:40 AM

    I can’t see all of these charts when posted… what do I need to change in my settings??  This new forum has been a little crazy getting used to… any help would be awesome!

    I have the same problem, thx

         
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    Posted: 05 September 2012 05:03 PM #1335

    No idea, but I’ll see if I can find someone who knows…