Selasa, 15 Maret 2011

AAPL 03-15

Appears APPL may have made a double top (forming an "M" pattern?).  Looking at two shorter cycles a 14 day cycle should be bottoming and turn up for 7 trading days. A 56 day cycle should top around Apr 4.  I would not be surprised if APPL makes a lower high Apr 4 (following the :M" pattern) as it appears an even longer cycle may have turned down.

Here is a picture:


GL traders, do your own analysis.

03-16 long term charts

Looking at the longer term it appears that the best case scenario is a range from $300-360.  Not sure though it can maintain that range to the downside.

Here is the chart:

GL traders

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