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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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Kicking Some Afternoon Apple Game

chessNwine Wed Apr 30, 2014 1:21pm EST 2 Comments

Funny-apple-laptop-stickers-5

In front of the Fed, Apple and Facebook are giving some decent action on the long side, though I am still flat into FOMC.

On the intraday Apple chart, note the narrowing consolidation since this morning.

I am looking at a $597-$599.50 bracket to trigger either a short or long trade for day-traders, respectively.

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AAPL

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2 comments

  1. Jason
    Jason
    April 30, 2014 at 2:24 pm

    Dancing!

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  2. Scungelli
    Scungelli
    April 30, 2014 at 5:22 pm

    Great Call Out! They wound up running it up just below the hod $599.43 before it broke down & closed $590.09 –> Suspect for further weakness i’d guess

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