AAPL started 2014 and ~ $553 before tumbling to $499. A lot of investors, included myself , though AAPL was the new Microsoft, a juggernaut incapable of coming out with "innovating" products. 28.9 % later , AAPL is silencing its critics. last quarterly earning report was excellent :
-> $11.62 vs. $10.21
-> Revenue up 4.6 %
-> iPhone sales up 17 %
And now the...
Price previously came to a support area and jumped back up. Now, it came back again to this support area to create a good entry for those who missed the initial support area bounce up. Price should go up, and there is a high reward to risk ratio so it's ok if it doesn't go up
Following current trends I want to call a price somewhere around $118 going into as far as 2016. It really doesn't look like this company has any more room to grow and a fall in share price is coming.
I have a feeling IBM will gain a bit more, possibly testing resistance again up around $205 making a good area to get shorts in.
The resistance arcs are more for...
Make sure to pay attention to the Volume as well when you consider buying. There is no reversal Candle in sight so far and the preview Earning showed strong increase to the stock. It's a potential long buy too.
With an eye towards symmetry, harmonics and scale how about this very-long-term outlook for SPX.
If what I think is wave 4 (starting now) bottoms around 1700 and a new advance begins we might see the top at around 2340 by around the end of 2016. Of course you can all send me a winning lottery ticket if it happens. < :-)
What's on your mind?
All roads seem to be pointing to buy limit orders @ 1.4990 - 1.960. Price will likely head towards 1.5300 and turn back for the trend line and consolidate there for a bit and continue its long term rally. 1.4990 region is also a past lvl of support + 50% retracement + trendline, can anybody say confluence?
There is also an intraday short setup here as well. Price...
FCS has been pinching since July 2011.
Though I wouldn't recommend any day trading, I'll be interested to see if it can break out of the trend and bring back the bull. Please excuse the poor zoom.
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If the investors have more attention of emerging market and expectation that the principal market to impulse the economy are the finance. Credicorp is an better option to enter of this market to long term.
