TA strategy for AAPL

**Cortez** · 10-12-2005, 02:44 AM

:sCaught long in AAPL.:shock: Wanted some TA feeback regarding what you expect the stock to do tomorrow am. My gut tells me that it will tank on open and that I should attempt to unload premarket since I believe that all the stop orders that it gapped will trigger and start a run down further yet. I know there is an product announcement at 10:30 but at this point that may be too little to late. I am contemplating selling twice the shares I hold thus enacting a short on the intial run down (pure day trade). I realize this site is primarily for our TSP investment / gamble, but some input from those who know more than I do is appreciated. Thanks, Shawn.

**tsptalk** · 10-12-2005, 06:08 AM

You probably saw that it was down to 46.60 in after hours trading so I marked that as a red day in the chart. I marked some support levels. Staying above or near the200-day MA (blue) should keep the stock in a long term bull trend. If that fails as well, it could be longer term trouble. I would cover any shorts near 43.

**Cortez** · 10-14-2005, 05:25 AM

Mike and Tekno (via PM), thanks for the correct feedback. I didn't bail on AAPL. Sorta. Set a stop at the open low and sold half just before the announcement at 49.50. Actually sold the other half after the annc. and went short which stopped out today at 50.30. Then went long todayat 51 on the strong momo and what was a $1300 loss is almost back square at this point. I realize that no one likes to give "advice" but we serious folks in TSP should consider communicating on where the momentum is at in the world of stocks. For example, on Wed night I saw that there was a block tradeof QQQQ bought above the ask at 3:40 pm- for 485,000 shares! Short termBullish indeed. Unfortunately for TSP, medium term bearish. Lower highs and lower lows since start of Aug. Don't do long term. Regards, Shawn.

**Bullitt** · 02-03-2010, 01:26 AM

I don't like this. Market up big two consecutive days and AAPL is grinding. Uptrend support has become resistance and two gaps remain in the IT to fill below. Gap support lines notated on right side of chart. Note the huge up volume in late January- that is smart money unloading to you-know-who right when all the good news was coming out.

AAPL's buddy GOOG isn't looking too hot either.

aapl.png

**Bullitt** · 03-08-2010, 10:10 PM

AAPL broke out to new highs today. Anything is possible when you have 0% interest rates for banks to borrow from and use to play with in their prop trading accounts.

**Birchtree** · 03-08-2010, 10:35 PM

And where apple dares to go so goes the market. I wish we had 24 hour market trading - they've talked about introducing it for the last several years.

**Frixxxx** · 03-08-2010, 10:38 PM

Originally Posted by Birchtree

And where apple dares to go so goes the market. I wish we had 24 hour market trading - they've talked about introducing it for the last several years.

FOREX, FOREX, 24 hour trading.....