Tuesday, October 16, 2012
Mike Paulenoff, www.MPTrader.com, p&f chart Apple (AAPL) is very constructively positioned heading into Tuesday's opening bell. From 1:35 pm Eastern until the bell, AAPL climbed from 626 to 635, which triggered an up-column of blue X's on the point-and-figure chart right to the upside breakout point at 636. If AAPL prints 636 after Tuesday's opening bell, it will trigger a triple-top at 634, which should unleash upside quickly to 644-646.
Apple (AAPL) is very constructively positioned heading into Tuesday's opening
bell. From 1:35 pm Eastern until the bell, AAPL climbed from 626 to 635, which
triggered an up-column of blue X's on the point-and-figure chart right to the
upside breakout point at 636. If AAPL prints 636 after Tuesday's opening bell,
it will trigger a triple-top at 634, which should unleash upside quickly to
644-646.
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