iBankCoin
Joined Nov 11, 2007
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Chart Chomping $AAPL and What it Means for Markets Down the Road

 

“Amid rosy scenarios, serious signs of trouble are developing on AAPL charts. There is also a major fundamental factor that indicates a much more bumpy road ahead.

Charts reflect buy and sell orders coming to the exchange from all market participants: big money and little money, insiders and outsiders, investors and traders. Their orders are behind ticks, which coalesce into patterns reflecting the sum total of current actionable knowledge about a stock.

Some patterns are noisy and have little value, while others have a good record of showing how a stock is likely to move in the near future. To help you review these patterns on AAPL AAPL -1.95%  charts, please click on any chart below to see it in full size and color.”

Full Chart chomping article

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