tradearcher
Short

AAPL, Just a Hypothesis

NASDAQ:AAPL   APPLE INC
268 7 2
Pictographs on chart. Short term correction like in December.
Can you explain your thinking process? I don't think an emoticon on the chart explains it.
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tradearcher PRO vlad.adrian
2 years ago
Sure. MACD diff > 0 but decreasing, implying selling has been slowing its ascent. The near doji on 2/5/2015 and its following bearish candle implies a reversal to some degree. How much, the market will decide, but retesting the gap up from earnings is not beyond its bearish move. Also the histograms on TA-MF are decreasing, implying some investors have decided to take profits earlier due to the volatility of the markets lately.
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vlad.adrian PRO tradearcher
2 years ago
Well I think you should do this with all your charts so other users can understand your thinking process :)
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ekoronin PRO
2 years ago
It seems your trade didn't do so well. What happened?
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tradearcher PRO ekoronin
2 years ago
Nope. It happens. That is why you obey your rules and stops.
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ekoronin PRO tradearcher
2 years ago
yes I understand you got stopped out and got out but I was asking why do you think it did not go as planned, what market conditions played? For all to learn something new.
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tradearcher PRO ekoronin
2 years ago
Exact market conditions unknown. But I did call a bearish MACD crossover too early, since it never crossed.
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