iBankCoin

Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Top (or Bottom) of the Chinese Apple Morning to You

chessNwine Mon Dec 23, 2013 8:36am EST 4 Comments

131404670_31n

The AAPL/China Mobile (CHL) deal was finally announced on Sunday.

I have been patiently waiting for another long entry in Apple after playing the initial five-point symmetrical breakout highlighted on the daily chart, below.

I am enticed with a move over $551.60. I would certainly trade against last week’s lows of $538 in order to define risk. Note that high volume reversal, adding significance to the level.

Elsewhere, keep an eye on MCP for a short squeeze, in addition to ARIA BBRY JCP.

What’s on your watchlist this morning?

__________________________________________

AAPL

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

4 comments

  1. jeff
    jeff
    December 23, 2013 at 9:45 am

    Happy Holidays Chess. Hope you have a fantastic 2014. Thanks for all your hard work you share. Thought you might like these historical pictures if you haven’t seen them already. http://www.breitbart.com/Big-Peace/2013/12/22/Rare-photos-ofWWII-Italian-Campaign

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. zookini
    zookini
    December 23, 2013 at 10:13 am

    Holding AAPL long above 555

    NFLX looks good

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. green machine
    green machine
    December 23, 2013 at 10:30 am

    Good call on the BBRY.

    • 0
    • 0
    • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy