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To: MGV who wrote (203229)5/30/2013 2:11:02 PM
From: Henry J Costanzo  Respond to of 209892
 
Back to testing R 450ish and 5/7-5/28 DT line..



To: MGV who wrote (203229)6/1/2013 11:26:43 AM
From: Henry J Costanzo7 Recommendations  Respond to of 209892
 
AAPL….Last two weeks essentially rangebound, between overhead R at 450ish area and underlying support at 440ish area..

Re the much-discussed potential iH&S bottom:
…..the volume pattern does not comply with what should usually be expected, so any completion of what would appears to be an iH&S price pattern could carry less reliability..
…..complete symmetry is not required, but greater symmetry would make the pattern more conclusive..The presumed left shoulder …Feb-Mar…consumed about 1 1/2 months.. Applying that here would point to mid-late- Jun as the possible timing for completion of any possible iH&S..
…..the foregoing would suggest that a dip back into the 420ish support area cannot be excluded..



To: MGV who wrote (203229)6/2/2013 11:31:56 AM
From: Henry J Costanzo1 Recommendation  Read Replies (1) | Respond to of 209892
 
OT….Hope you didn't suffer much damage from the earthquake that struck Pittsburgh last night…vbg