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JederkannGlueck
Oct 4, 2012 8:06 PM

AAPL - Long but be careful at Fib 0.236 Long

Apple Inc.NASDAQ

Description

Disclosure: This is not a buy recommendation. This is an example of a possible trade I would/could make responsible for my own account. I am using tradingview.com as a forum to post my ideas about possible trades and learn from the ideas of others. Please comment my opinion and discuss with me this trade possibility. I am not a financial advisor or an analyst. I am not responsible for your losses even if you follow my ideas. The decision about setting an order into the market is in your own responsibility, so are you responsible for your losses resulting from your trades.
Comments
josephaccetturo-ii
how do you go long at the neckline of a clear head and shoulders pattern?
iq2020
Agreed.
dogydoc
Nice analysis Stick. If you draw the fib retracement from the gap on 9/24 back to the large green candle on 5/21 we get the 0.191 about where your 0.236 was. Tagging , not closing below the 1/2way mark and bouncing ( as little as it may be) suggest bukkish sentiment. And look at that longed leg doji. :)
dogydoc
Agreed.
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