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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Doren who wrote (112954)5/18/2011 1:43:56 PM
From: 2MAR$  Read Replies (3) | Respond to of 213182
 
could tell you how & why ...but then we'd have to kill you ;O)

(but if you learn more , then you can make the calls !! )

RSI indicator above very important , CCI below more clearly
defines when oversold with the RSI ... then look to past pivot lows & highs previously made ...in the case here march low was $330 thru that congestion in mid April also matches that $330 low as well ....theres a good chance then that yesterdays touch there would also get support & bounce .

Putting lots of money on the line is when its actually
happening ...thats the real test but you learn to hold on .
( But yesterday it was pretty touch n go there for a while )

There's the 50ma above & $340 here thats offering resistance , there's the feeling out there that world is in for another global slowdown , so even DE (Deere) got sold off this am on a great earnings report . But look at DE's monthly chart and how its doubled in the past yr ...there being cautious in here now & still taking profits .




To: Doren who wrote (112954)5/23/2011 3:43:34 PM
From: 2MAR$1 Recommendation  Read Replies (1) | Respond to of 213182
 
$330 pivot ....see how it bounced there again today ?

Its about as close to "Free Money" as you can get in any
market if you trade long and that 50ma stopping it was also
pretty low risk trade for the short .

Twice now , AAPL gets perfect bounces off there
letting shorts cover & go long & dippers profit too but this
is just the little wiggles , longer term only the shadow knows ;o)