nmike
Long

APPLE update(weekly)

NASDAQ:AAPL   APPLE INC
1282 16 26
Well we have a nice little rally going on here after a positive diverging double bottom . Price is currently sitting just below the 34ma and all indicators are rising. A close above the 34ma could see Apple             hit R1 near term. When entering in the financial kingdom of stocks beware of diverging wild animals. For more information and sample charts on this system follow this link :
The FISHER-TRIX- 34ma system
I have a question. How are you able to get the TRIX 10,7,14,5 overlaying each other like that? Thanks in advance.
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nmike MOD climbing_stars
@onebreath put the 1st Trix on your chart like you normally would , when you put the 2nd one click right on the TRIX and click merge up/down and then repeat for the next one.After you have all the Trix in one window, click right on each one of them , click properties / format and make sure all TRIXs are SCALED RIGHT
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@nmike Thank you!
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Agree
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R1 target hit!
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nice work
do you think now its a good entry or does the price need to run and retest R1?
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@TamirHa Apple is currently overbought but candle stick action suggest more upside passed R1, personally I would wait for a pull back.You can try using RSI(3) as an entry point, as long as the 10ma stays above the 34 ma you can use an oversold RSI(3) as a trigger for long, or if you are anxious to get on board you can enter long with a bullish candle reversal pattern near the 10ma, Another way is to enter with a small position now and add to it on pull backs
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TamirHa nmike
TNX
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>>>>> that actually worked, as per last comment
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>>>>> after hitting the first target and reaching the top of the BB34 we had a pullback to the 34ma after which the up trend continued and the 2nd target R2 has been hit, current analysis suggests further upside to R3
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.....TRIX channel watch.....
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.....nice bounce off R2
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as per last chart posted.......eventually Trix negative divergence played out , a few weeks ago broke the channel to the downside and currently below mid point.Price ikely to hit R1 on original chart
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....tall bullish candle at bottom of channel,near term target 575,longer term target top of channel
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Please post more of these clones more often
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nmike MOD FredRoberts
:0 I will...
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