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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out