It's not exactly breaking-news that Twitter tumbled shortly after it's IPO. Today's close brings the stock a smidgen below its near-IPO low of 38.80 , just before the euphoria of.... absolutely nothing set in and shot the stock to an all time nominal high of 74.73 proving to be nothing more than some kick-ass fuel for fire.
TWTR closed the day just below the...
The Apple (AAPL) weekly chart shows the following signs:
The Price of AAPL continued the Long movement with a new green candlestick over the Tenkan Sen and still is bullish (like I mentioned last week too). The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen like last week.
I expect...
The Apple (AAPL) weekly chart shows the following signs:
The Price of AAPL continued the Long movement with a new green candlestick over the Tenkan Sen and still is bullish. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen like last week.
I expect that the stock will continue the...
Today's price action took AAPL up to confluence of 50% fork resistance, prior pivot from April 2012 of $644 as well as TL extension backtest. Counter trend traders could look to short this area with a stop on a close above $645.
AAPL started 2014 and ~ $553 before tumbling to $499. A lot of investors, included myself , though AAPL was the new Microsoft, a juggernaut incapable of coming out with "innovating" products. 28.9 % later , AAPL is silencing its critics. last quarterly earning report was excellent :
-> $11.62 vs. $10.21
-> Revenue up 4.6 %
-> iPhone sales up 17 %
And now the...
The Apple (AAPL) daily chart shows the following signs:
The Price of AAPL made a Long jump movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen & Kijun Sen and gave a very strong bullish signal. The MACD is on bullish sign with a liitle sign of divergence and the RSI too but overbought. The Stock is over the EMA200,...
The Apple (AAPL) weekly chart shows the following signs:
The Price of AAPL made a Long movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen and gave a bullish signal. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that...
When looking at the chart of Sirius XM Holdings Inc. (NASDAQ:SIRI), it is not hard to predict who will win this war of becoming the preferred software and music service in everyone's cars. Yes, you guessed right; without a doubt, it will be Apple Inc. (NASDAQ:AAPL). After all, the iPhone is one of the most popular devices among smartphone users. Also, most high...
Apple (AAPL) gave us 2nd day continuation down move. Here is quote from yeasterday's morning review www.evernote.com "Apple closed on low of the day. And I expect to see some follow through below $594.43.".
It was a bit slow but gave two good Short opportunities: on break down of previous low of tha day and then pullback close to that. It stalled in front of...
Apple (AAPL) was down yeasterday 1% . In the morning it went through prev high of the day and gave another $3 up move but reversed and get back below our pivot point at $601 with engulfing bear move right to $597.29. I started to trade it for Short on retest of failure point at $601 and when it confirmed resistance there from another side it built some...
It is difficult to buy here after $40 move from earning's gap but on intraday basis there we can still trade tactically keeping long in our mind.
Actually, it is one of the best stocks in this choppy, range-bound market because after earnings was released it had nice, powerfull 2 days continuation move then some rest, inside days which is healthy after such a big...
This is a 4 hour chart of the QQQ and it shows both the bullish and bearish side of the argument. I have a bias to the bear side due to bearish divergence on the weekly chart and also the head and shoulder pattern. However, the bullish argument is that we have an inverse head and shoulder pattern ( green) opposing the Bears, and also the fact that we are still in...
As i have labeled in the chart, AAPL has broken out of its triangle formation and is pushing higher to the next SupDem level. It's important to note that this is a MINOR supdem level and that it has already been tested once already on 2013-12-05, so the chance of it bouncing off that zone AFTER breaking out of a triangle pattern is very slim.
I am predicting...
AAPL has hit a home run with the 4 key elements seen on chart. Due to the 700 level in 2012 that is the target it could easily get there by the June 2 split date. After the split there will be a great deal of shares and could drop after the split. Depends on many factors..I will sell prior to split and look to re-enter after if makes sense. See my earlier post...
AAPL bullish pattern overthrown by incoming selling climax, or how an hanging bullish pattern can hide a mega bearish one, or how shit your pants in a low odd event, well you get the idea. I think we will see a lot of unforeseen breaks lower despite of bullish looking charts, bigger patterns/market shifts in play influencing the markets just being careful here....
Many erroneously believe that market targets cannot be known until a stock has been trading for a specified period of time. As our clients are well aware, we identify the relevant targets very early in the trading cycle, sometimes even before the first 15 min of trading on the date of the IPO.
How is this possible?
Contrary to what many are taught , the ...
Our original analysis stated in part:
"Taken by itself, the technical pattern on the chart is a classic bottom with a follow through support at the first real pullback. Many unexpected huge moves have resulted from this pattern over the years. A factor in NOK's favor on the long side is the price action at the LT Swing Long entry range. It has been very...
