Since the beggining of September we have seen how AMZN has gone kinda parabolic, what I wanted to show here is the multiple bull flag patterns that we have on the weekly chart. If the trend continues this could see 420-430
Today 12/18/13 AAPL got hit by the news that China Mobile has not yet accomplished the deal details with AAPL. Rumor is that they expect to get paid a certain amount of the profits from Online Apple Stores in China. AAPL made a very scary low but it managed to bounce $12 from that low. Here I collected a couple levels of heavy resistance, being the first level to...
GLD Testing Key Support here at 117.20 - 117.50 range. We break under 117 tomorrow and 114's could be a magnet.
We did saw a previous bounce couple weeks ago where we bounced from this level, wait for confirmation and short away!
Currently holding the 0.764 Retracement from October to December rally. Going into the FOMC with this levels could be a very scary situation, any tapering mentioned and we will revisit 1749.70 levels and probably lower.
