EvanMedeiros

23 point two day move. next up price puke or healthy pullback?

BATS:AAPL   Apple Inc
99 0 0
for the momentum traders there might not be much to do in apple             today to the long side until mondays highs at 412 are taken out but for swing traders watching the action today for signs of healthy consolidation and a constructive pullback will be what you want to see to get involved or stay long. 23 points to the upside in two days was a good move and a tough one to get on board of if you weren't acting quick-- it didn't give you lots of ways to get in without chasing or taking on some extra risk. The most troublesome part to me is the SPY             being in a short term tough position. If price slams back down making this a two day wonder bear squeeze then you know apple             needs more time.
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