Tag Archives: AAPL

Apple Top?

I saw this first on Peter Brandt’s blog about three weeks ago. Jesse Livermore might say Apple (AAPL) has a speculative chart with a possible topping formation, as illustrated in C. M. Flumiani’s 1965 book, The Stock Market Secrets of Jesse Livermore. … Continue reading

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Apple Inc Is Getting Overbought

Apple (AAPL) looks overdone to the upside here. The stock is surging above its long-term channel and 10 week moving average lines. I’m not advocating a short position, but new buys should be postponed. This run is starting to look like … Continue reading

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Market Continues Levitation

While many argue the technical underpinnings of this rally in the U.S. stock are weak (and I agree), fighting a trend is the easiest way to go broke. Trends should be embraced. The discipline to embrace trends and use prudent stops, regardless … Continue reading

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