AAPL

11/10 Analysis
Monthly
1. Strong uptrend (above 20MA)
2. I use Fibonacci Retracement, connecting 1/4 low to 1/9 high, price correct almost 50% before opening at 0.236 line (1/10)
- 1/4 : the beginning of impulsive wave
- 1/9 : the beginning of corrective wave

Weekly
1. Strong uptrend (above 20MA)
2. Breakout through flag upper trendline (5/10)

Daily
1. Strong uptrend (above 20MA)
2. Price near the inverse head and shoulder neckline (around 118.71)
- Break out through the neckline must be accompanied by a sharp burst of trading activity (high volume)

Hourly
1. Strong uptrend (above 20MA)
2. Bull flag breakout (9/10). Pole (24//9 : 2130 - 1/10 : 2130), flag (1/10 - 9/10 : 2130)
3. Consolidation, black cross @ LB

The Game Plan
1. Mean reversion (Keltner channel)
- (9/10 : 2130) I open position at KC midline + break through flag upper trendline + black cross @ LB
2. Scale in. Break of inverse/bottom head and shoulder neckline (around 118.71) with high volume
3. Price target around 128 to 134
4. Swing into earnings @ 28/10