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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Underexposed who wrote (76)	4/4/2017 2:36:28 PM
From: Moonray	Read Replies (1) \| Respond to of 914

You don't want to see a sudden drop and lose a good portion of your gains, do you? Not to worry. I have been buying/selling stocks for 55 years and pretty much know the ins and outs. I bought & sold AAPL for a profit 4 times while trading just before and after the Millennium. However 5 years ago it looked like a "sure thing" and I bought with the objective of an investor, rather than trader. I thought I would hold AAPL for 1-3 years. In fact, sold just over half my position first time AAPL hit $100. Have held the rest because the fundamentals looked too good. New SuperPhone coming out in 6 months, Apple starting in India for real, Possible tax cuts. Possible low 10% repatriation tax on the $300B that Apple holds outside the USA. Today's new all-time high above $144.50 doesn't dampen my enthusiasm either :-) o~~~ O

To: Underexposed who wrote (76)	4/8/2017 1:15:29 PM
From: Underexposed	Read Replies (1) \| Respond to of 914

For Moonray............... This is an update to the chart I gave the url for in that previous message I sent you using my "trigger chart" prior to today it looked like Apple was taking off on another breakout... but it was very short and it seems that $144 is a serious resistance. Looking at the circles from the top down... the tell an interesting story. The price as I said appears to have halted near $144 and you see it in a consolidation mode for a week now. You see the cresting of the upper Bollie that I talked about earlier... the price is still in a nice location being above the 20 day SMA but in consolidation there is a tendency to gravitate to that dotted green line (20 day SMA)... what is going on now is very similar to the end of December. Right now it looks like the 20 day SMA is reaching for the price...rather than the Price dropping to the 20 daySMA and that is a good sign. the Slow Sto remains bullish... this is the indicator to watch as it is the first indication of a stock price falling significantly. Note how the MACD was falling but the price was rising... Basically you can ignore the MACD until the Slow Sto falls dramatically below 80. Right now we are at a threshold of that drop in Slow Sto so caution is warranted the TRIGGER though is the BBwidth. It is still falling and nothing major will happen until it reverses strongly Right now it is slowly going negative still. SO... the sell signal in this is... First: Slow Sto falling below 80 with a strong neg slope. Second:The MACD continues neg slope AFTER the action above. Finally: the BBwidth suddenly rises with a positive slope If the first two items above have positive slopes as the BBwidth suddenly rises then this is a buy signal...( see indicators on December 14 as an example of a buy signal.) You will probably see an action one way or the other in about 4 - 7 business days. It could be a top... or a correction in the works... it does not mean it cannot recover from a correction ... that would have to be evaluated later if it happened. I hope it helps Here is the url in quotes so it won't be messed with when you copy and paste it to follow the chart, if you have not done so already. "http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=6&dy=0&id=p36207830289" UE