12 December 2007

12-12-07 : AAPL - Retracement or reversal?

Our AAPL is now at the btm of up channel. In fact, it has broken the channel just a bit. 15min chart reveals the MACD is -4, a bit oversold.
So is it a reversal down? or is it a retracement?

We will see tonite. If it fall out of channel completely (15min chart cdl), then we sell our call. If not, hold on to the call.

daily
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15min
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