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Technology Stocks : Apple Inc.
AAPL 247.94-0.2%3:59 PM EST

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To: 2MAR$ who wrote (143739)10/27/2012 8:09:18 AM
From: 2MAR$3 Recommendations  Read Replies (1) of 213182
 
AAPL best short idea from iP5 release when the H&S pattern developed at 680 & 20ma overhead R played out , note how shorts dont wait for the obvious pivots anymore to cover but a little earlier each time now , the bounce coming just above the 200ma, clever shorts taking profs earlier & earlier now :-)

But thats how its getting played now , got nice 15pt bounce later in the day when AMZN took to leading the parade , possible bounce if it can get above 612 further to 625/635 range , keeping friday's lows in mind for stops . All dependent on the SPY /Market but is pretty oversold now...

That 20ma came sweeping over at 680, it was bye bye time , 200ma just above for the bounce .

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