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andrew.berg
May 7, 2014 8:24 AM

AAPL mapped out intraday opportunities 

Apple Inc.NASDAQ

Description

Apple (AAPL) was down yeasterday 1% . In the morning it went through prev high of the day and gave another $3 up move but reversed and get back below our pivot point at $601 with engulfing bear move right to $597.29. I started to trade it for Short on retest of failure point at $601 and when it confirmed resistance there from another side it built some consolidation support at 599.70ish. I mentioned that with comment on the link chart.

On the chart I mapped out selling and buying opportunities.

Apple closed on low of the day. And I expect to see some follow through below $594.43. Level of resistance at $597.29 could give another selling opportunity.
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