pdiddy.pablo
Long

History repeats, parabolic move

BATS:AAPL   APPLE INC
927 6 3
Starting july 2011 there was a 3 month trading range between 360 and 420, then a gap up, then a parabolic move up for 3 months. We were trading in a similar range for the last 3 months between 390-515, then gapped up today on heavy volume . Is it possible this is the beginning of another parabolic move up? We need volume the next few weeks to confirm. Watch sentiment on apple             reverse from overly bearish to all bullish the next few weeks. If we go parabolic the target is 640 by end of December.
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You can also add fibonacci extensions to the pitchfork tool. In cases such as this, with steep pitchforks, it's a good idea to use these extensions.
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sublimares2
3 years ago
"History repeats itself if all the events of the past were played out under the same conditions" (Marx) The weekly chart
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motleifaul sublimares2
3 years ago
I agree with sublimares2(and Marx).
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peterkeith
3 years ago
What tool is being referred to? http://www.flbestpublicadjusters.com/
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