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.

No comments:

Post a Comment