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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: Eagle who wrote (55962)7/28/2006 2:51:05 PM
From: lexi2004  Read Replies (3) of 59879
 
Eagle,

Good job! Do you mostly trade long or will you go either way?

I really think AAPL is overbought and is showing divergence on the daily chart. The force index is point down yet the stoch is overbought and the rsi is up. I do think a correction is near at hand. With the way this stock has run, I put in a tight stop. shorted at 65.07 and have a stop at 65.27. It hit that 65.27 but didn't take my shares yet, so I'm waiting to see.:)

Lexi
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