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
Very helpful insight.
Reply
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.
Reply
True that. My bias is also to the upside from Tuesday's price action but today's price action to the upside has clear signs that it might be breaking to the upside. It will be a very strong move. Whichever side it goes.
Reply
United States
United Kingdom
India
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