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AAPL Intraday Updates - Archive
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We’ve only closed above this level twice. First on April 5th, then on April 9th.
That Hugs and Kisses chart should look interesting now.
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I won’t make ATH with $644, but I likely will soon thereafter despite a July hit to the solar plexus at OPEX. I’ll take a Ferrari-esqe kind of day, any day.
Apple is still cheap as we ramp to the biggest smartphone launch in history—hell, probably the biggest electronic device launch, period. It’s unavoidable that Apple’s valuation reflect more of that distinction between now and Sept. 21.
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Up, up, and away!!!!!!!!!!!!!!!!
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Raw deal on GRPN…ouch. Then again, I’ve always been skeptical of their business model, esp. seeing how much it’s been pretty much copied by all kinds of competitors including Amazon and Google…
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The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
I won’t make ATH with $644, but I likely will soon thereafter despite a July hit to the solar plexus at OPEX. I’ll take a Ferrari-esqe kind of day, any day.
Apple is still cheap as we ramp to the biggest smartphone launch in history—hell, probably the biggest electronic device launch, period. It’s unavoidable that Apple’s valuation reflect more of that distinction between now and Sept. 21.
I get it that you’re awesome, Mercel. You don’t have to keep reminding us…or at least me.
Then again, I’m Mr. Austerity after my spectacular self-immolation event starting from April. I’ve earned that AFB Class Clown appellation.
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The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
I get it that you’re awesome, Mercel. You don’t have to keep reminding us…or at least me.
Then again, I’m Mr. Austerity after my spectacular self-immolation event starting from April. I’ve earned that AFB Class Clown appellation.
You’re a selective reader. But I dunno, maybe you are the masochist-type who enjoys the punch to the solar plexus. :wink:
If it makes you feel better, I’m going to buy spreads soon to lower my risk (and returns).
At least I didn’t post: Winning! Oh, wait…
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I read you just fine. Awesome types can regain their ATH soon after 644.
Huh, that’s two slams on the AFB Class Clown today, along with Ensign. Updating the list…
(/sarcasm - just in case)
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The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
I read you just fine. Awesome types can regain their ATH soon after 644.
Huh, that’s two slams on the AFB Class Clown today, along with Ensign.
(/sarcasm - just in case)You love it and you know it…... :innocent:
Momo is on Apple’s side now….
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AAPL: to boldly go where no stock has gone before
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We’ve only closed above this level twice. First on April 5th, then on April 9th.
That Hugs and Kisses chart should look interesting now.
Indeed!!
AAPL HUGS & KISSES CHART:
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I would say AAPL’s the Honey Badger again…
But…
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The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
Which comes first, 630 or 610?
That answers that!!! :D
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I would hope some miserable top isn’t on the way tomorrow.
Though I’m sure some reliable (er, predictable) chartists will say so. :D
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
RE: low-volume melt-ups: they can last longer than most people think.
All MHO:
What I think about low-volume melt-ups: I don’t know if anyone’s selling except the shorts. Their popped stops trigger market orders to buy, so longs should send thank you cards. After the “forced” panic buying ends (shorts capitulate), REAL buyers need to step in to keep the upside going.
I’m not seeing capitulation in the indices, as extended as they are. So until proven otherwise, it’s bear-hunting season.
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RE: low-volume melt-ups: they can last longer than most people think.
All MHO:
What I think about low-volume melt-ups: I don’t know if anyone’s selling except the shorts. Their popped stops trigger market orders to buy, so longs should send thank you cards. After the “forced” panic buying ends (shorts capitulate), REAL buyers need to step in to keep the upside going.
I’m not seeing capitulation in the indices, as extended as they are. So until proven otherwise, it’s bear-hunting season.
The Hugs and Kisses chart says “Ascending Triple Top Breakout”.
That sounds pretty good to an old fundamental guy like me.
Where is Max? I need some of that ghoulish humor only he can provide in bullish times…
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AAPL: to boldly go where no stock has gone before
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Wonder what Grampa Henry has to say today. (This way, we’ll never confuse him for a certain Henry at S(A)I/BI…and the dude’s a proud grampa anyway!)
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve.
