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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: golfer72 who wrote (44415)1/23/2013 6:35:16 PM
From: GROUND ZERO™  Respond to of 220811
 
Thanks for the great advice, I'm not going anywhere near it now...

GZ



To: golfer72 who wrote (44415)1/23/2013 8:36:23 PM
From: Vendit™  Respond to of 220811
 
The Chart below is AAPL in a two year timeframe. I am only looking at gap moves and what happens after AAPL gaps up or down over a two year period as well as two moving daily averages 50 and 200.

Simply put AAPL has a great history of sideways consolidation followed by a move up after a gap up or down.

Longer term considering that the 50 DMA has moved under the 200 DMA, I agree that the gap near $425 will be filled over time.

IMHO

V







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