Possible Retracement Ahead

Apple Inc.NASDAQ

Description

⋅ Feb 26, 2012 3:58 PM

Apple seems a bit overbought. Possible resistance zone ahead. Watch out for 526 - 550 area. Also look for upcomming divergence in the RSI. A retracement could target 475.

Comments

Night_Trader

⋅ Mar 13, 2012 7:33 PM

Ok, obviously this one is invalid. (stopped out)

bcarbon

⋅ Mar 14, 2012 2:49 AM

When you use gartley patterns, your predictions are very acurate.

TNT1

⋅ Mar 3, 2012 5:53 PM

tradingview.com/v/uKgYzZ4m/ Take look I found both very similar. tradingview.com/v/4crBbyHa/

TNT1

⋅ Feb 29, 2012 4:28 AM

Yes, the stock is definitely overbought but still good investment based on fundamentals and SMV.

charttrader

⋅ Feb 26, 2012 4:19 PM

Thinking the same way.

StockFxMarket

⋅ Feb 27, 2012 3:58 PM

Why think Apple shares must down..and why 550$ probably down

charttrader

⋅ Feb 27, 2012 4:03 PM

Please read this thread tradingview.com/v/kfq14aaw/, i'm thinking exactly the same.