TrailingVega

TrailingVega

Shooting star on the weekly would be quite serious. At the very least a test down to $480.

TrailingVega

The sell off Apple experienced in the second part of the day pushed it right to the 38.2% fib retracement.

TrailingVega

Very nice ascending triangle forming on Apple. Pending breakout. $405 target.

TrailingVega

Testing $500.00 seems to be in the stars for Apple tomorrow. Extremely impressive volume today. Bullish cross on Stoch also helps confirm the turnaround. Cross above $500 will be a trip to $516.

TrailingVega

Forming a symmetrical triangle. Wait for the break.

TrailingVega

Forming a symmetrical triangle. Wait for the break.

TrailingVega

On July 31st we saw Apple following a similar 30 minute pattern as we saw today. Question is whether or not it can complete the pattern with a run tomorrow.

TrailingVega

Only hope for the bulls right now is for Apple to not lose this rising trend line.

TrailingVega

Triangle forming on Apple. Wait for a break to either side for an explosion.

TrailingVega

Apple will have to battle the 200 DMA and the $481 resistance level if it wants to move towards $500 in the coming weeks. Would be interesting to see if we can at least break the 200 dma this week and test the $481 at least once.

TrailingVega

Two weeks of consolidation between $240-$246 is finally over with a break towards the upside. Upside should continue towards $265.

TrailingVega

The end of day run broke us out of the symmetrical triangle on the 30 minute chart. Volume is there to support it.

TrailingVega

Following a similar pattern we witnessed in May. Break above $460 needs to occur asap.

TrailingVega

Apple sold off with the rest of the markets but found a reliable support early on indicating relative strength.

TrailingVega

Closing month of July proves to be the healthiest green close all year.

TrailingVega

The current pattern Apple is forming is an ascending triangle. As long as all the red bars are kept tight here..we can see a break and a runner to $453.50.

TrailingVega

Google above $900 = long. Google below $880 = short.

TrailingVega

Apple did set a higher high than on May 31st. Good news is that unlike 05/31, we did not hit $457 and reverse into a down day. RSI is telling us a pullback is in order. Ascending volume for the past three days indicates that there might still be room for more running before pullback.