EvanMedeiros

keep building that vol. continues to churn before the fireworks

BATS:AAPL   APPLE INC
172 3 3
$AAPL             spending its 7th day contained in a 10 point range. Lots of volume put in within a tight range means positions are getting built both long and short that will ultimately lead to a powerful breakout as one side gets squeezed and the other is rewarded and press their side. I am still leaning to an upside breakout but Tuesdays action told a clear story that the stock was not ready for higher as it was rejected hard from 450. Just be aware day by day the volume and emotion is growing which will fuel the eventual fireworks. #noposition
Tiger
3 years ago
wow .. The comment below did not make sense.. :D. It got taken off because i was typing fast. What i meant was that tuesday's price action had me concerned but today's price action has made my view to the upside again.
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