arachnaman

arachnaman

AAPL VS DIS has been trading around trend lines that go back to the 1980s. I traced an old recovery pattern and overlaid for a road map for how it might trade from here.

arachnaman

AAPL roadmap into earnings vs IWM. I traced and pasted the last time aapl/iwm hit the bottom of the channel. the patter lines up surprisingly well with existing trend-lines. The old pattern has this ratio hitting a low on earnings day. My reason for doing this is because the same people and algorithms are trading this name and how it reacts to buying is likely...

arachnaman

BRK.B/XLF is at the bottom of the channel. BRk.B is also on the long term trend line vs IWM.