with today's big down bar I think AAPL's move on this light volume is over. Does AAPL start its stage3 topping phase. I will use the simple 1-2-3 rule once again.
=============================================================
AAPL(图) perfect TP1-->FTDW2
来源: entry 于 08-02-27 14:10:03 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]
1. AAPL follows through to the upside from a Turning Point state and it also breaks out from a major down trend line.
2. Volume is still coming in which means demand is strong. More up side testing.
3. My target price will be 130-131 area in short term. I'll add more if the green line is taken out in a few days.
===========================================
AAPL(图) a complete view from its price and volume action
Mar 20, 2008 AAPL
1. Quarterly Chart
It looks like a double bottom is forming.
2. Weekly Chart
AAPL broke out from this little trading range and starts its B wave.
3. Daily Chart
This week is a good one for AAPL. It broke out and hold.
a: under 50 DMA but it starts to flatten out. good sign.
b: Volome has not shown up. If it comes in next week, AAPL will be above 135 easily.
c: from daily chart this is a head and shoulder bottom.
AAPL's 15 minute Chart:
It turns out my 130.1 entry point was a perfect one.
AAPL: stage
It looks like aapl will enter a new stage2 phase. Maybe it already starts.
03/17/2008
Apple has completed its full stage1 to stage4 cycle and right now is in stage 1: basing.
The best time to buy is when it enters early stage 2. So be patient.
AAPL: 1-2-3 Rule:
A perfect 1-2-3 Rule completed.