I'm kidding of course, but it has traded exactly as I've written for the last week or so. If you are using these ideas and making money (you could have made 10-13% on the AAPL idea posted last week), then please consider contributing to the free financial resources offered here at Trade-Guild.net I don't get paid to bring this to you, it's all my time and money and contributions are very much appreciated.
So AAPl is struggling with the $112 area, and the gap down this am is being filled now. Look at this 10-min 3C chart and look how clearly the indicator has shown distribution since yesterday.
Once this gap if filled, if we don't see a sustained push above $112, AAPL is in a very dangerous spot and could slip real easy. I'd say consider shorting it here and cover if it should break $112 on decent volume. the trade is pretty low risk at this point.
this MACD Heat Map shows where you should have been exiting the trade and it shows the trade becoming a short yesterday afternoon.
Make sure you look at the several posts on AAPL I've released the last week or so for the complete picture.
*Note MACD Heat Map is another of my creations on TeleChart. Join up using my links and I'll show you how to make and use it.
Friday, October 31, 2008
Apple is my puppet!
Disclaimer:
Disclaimer: This website may include stock, financial, economic and market analysis. Any opinions, ideas, views and statements expressed here are opinion only, subject to change without notice and for informational and entertainment purposes only. Trading stocks and other financial instruments carries a high degree of risk. It is possible that an investor or trader may lose part or all of their investment. Accuracy and timeliness of any information is not guaranteed and should only be used as a starting point for doing independent additional research allowing the investors/traders to come to his or her own opinion. Nothing on this blog is to be considered a buy, hold or sell, recommendation. Any investments, trades and/or speculations made in light of the opinions, ideas, and/or forecasts expressed or implied herein are committed solely at your own risk, financial or otherwise.
Additionally this site contains links to other companies. I as the author of the site may receive financial or other considerations from other parties that appear on this site. In no way does that imply that I endorse, condone or support products, services or views of any company, product or service appearing on this site.
The Bottom line, this site is a collection of my opinions with several companies that I may receive a fee or other considerations from, for the use of my site. I have no stake in the company, I have no way of knowing what they are about. YOU ARE SOLELY RESPONSIBLE FOR ANY DECISIONS OR CONSEQUENCES OF SUCH DECISIONS THAT MAY ARISE FROM YOUR USE OF THIS SITE. Disclosed affiliations include Worden, TeleChart, StockFinder, Google Adsense, INO.com and FreeStockCharts.com