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


To: GROUND ZERO™ who wrote (45443)2/6/2013 12:14:15 PM
From: expiredoptions1 Recommendation  Read Replies (2) | Respond to of 220502
 
RE GZ, looking at the chart below of AAPL's downtrend, notice that every counter-trend rally has at least
gone to the 20dma (AAPL= 480) before failing and a few CT rallies have made it to the 40dma.
Exception: The mid-December attempted rally failed, but two positive bars is hardly classified as a rally.