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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Lots of Apple Bears Singing This Today…

chessNwine Wed Feb 15, 2012 3:33pm EST 3 Comments

http://www.youtube.com/watch?v=6Rtz8jY0e0I

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I am not so sure, though.

While short-term the stock could be exhausted with today’s high volume reversal, tops are usually a bit trickier than that to maneuver. Remember, any individual candlestick needs confirmation to be considered a legitimate reversal pattern with any credibility. Moreover, to extrapolate the alleged Apple top to the broad market is a big reach, at best.

More on this after the bell on my video recap…

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3 comments

  1. sooz
    sooz
    February 15, 2012 at 3:43 pm

    suspicious minds..:)

    http://youtu.be/AWRo6C_HcEo

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  2. sooz
    sooz
    February 15, 2012 at 4:00 pm

    chess, that was an easy set~up..:)

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