Apple Inc -AAPL -Daily - Time At Mode Analyis says "sideways"

597 5 14
Apple             has been trending very well the entire way up in this rally. Lately, however, the market is waiting for sales from the new iPhone6, which goes on sale today 9/19/2014.

Because the market is holding here, waiting for news, the chart is also telling us that buyers are laying in wait down at the 14-day time zone at 95+ which I have labeled "BUYERS".

On the sell side, sellers are laying in wait at the 103-104 where I have labeled "SELLERS". AAPL             should have returned back to the high.

I think the way this chart resolves itself is to move back and forth between the two levels a couple of times.

Tim 9/19/2014 10:07AM EST 101.69.

SS             101.69 - target 96.
BUY @ 96 - target 102.
SS             @ 102 - target 96.

If all three are winners without more than $2 in pain from any trade entry, then what will be my prize??
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
2 years ago
very nice observation. Do you expect to jump over $104 if the numbers are good on Monday?
timwest PRO fishin
2 years ago
I'll watch the news and how the stock reacts to it - If it does get over $104, I'll count the days at the most frequent price and then start a new bull upside target based on the trading range it has been in. So, if it goes over $104 I'll back away from this trade.
timwest PRO
2 years ago
CLOSE to the first target on the short sale.... to cover at 96
+2 Reply
HamedAghajani PRO timwest
2 years ago
This was superb. Thanks for the sharing of the idea and suggestion of the trade set up. Kindly, Hamed
+1 Reply
mazdaki PRO timwest
2 years ago
nice prediction and trade. I think the market will bounce in the morning to help with the second phase.
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out