pdiddy.pablo
Long

History repeats, parabolic move

BATS:AAPL   APPLE INC
936 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.
What tool is being referred to? http://www.flbestpublicadjusters.com/
Reply
I agree but like the 560 level next.
Reply
AAPL is gapping every 2nd day up and down. The parabolic move of Apple in the past had specific reasons. It's no wonder therefor that we can see such a steep pitchfork now. But the gapping up and down in my opinion rather indicates an broad and perhaps longer lasting consolidation zone.
Reply
"History repeats itself if all the events of the past were played out under the same conditions" (Marx) The weekly chart
snapshot
and
snapshot
Reply
motleifaul sublimares2
I agree with sublimares2(and Marx).
Reply
snapshot


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.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out