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Registered User
Joined: 3/15/2006
Posts: 8
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Tested March low, MS and TSV divergence
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 Gold Customer
Joined: 12/30/2004
Posts: 42
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QUOTE (yudapal) Tested March low, MS and TSV divergence
Short did get stopped out yesterday and MS along with TSV turned positive at support level but still show this one in a correction IMO headed towards 52.60>. This correction started on 1/12/06 and may last as much as 2weeks to 2 month depending on the market.
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Registered User
Joined: 12/19/2004
Posts: 415
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QUOTE (arstk) QUOTE (yudapal) Tested March low, MS and TSV divergence Short did get stopped out yesterday and MS along with TSV turned positive at support level but still show this one in a correction IMO headed towards 52.60>. This correction started on 1/12/06 and may last as much as 2weeks to 2 month depending on the market.
I think you are correct, still in the prcoess of correcting down.
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Registered User
Joined: 12/8/2004
Posts: 1,301
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I show aapl could have a strong move up right now as long as it can stay above 57.15
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Registered User
Joined: 12/8/2004
Posts: 1,301
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I forgot to mention that aapl should have dropped to at least 53-56 on this go around and it did not make it so there may be more downside before that strong move up.
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Administration
Joined: 9/18/2004
Posts: 3,522
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Ken Gilb (Kuf)
Chief Software Engineer - Worden Brothers Inc.
Try/Catch - My RealCode Blog
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Registered User
Joined: 12/19/2004
Posts: 415
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HNC, I think the lower values will be achieved sooner than the higher values. The trading today, looked very impulsive, maybe wave five of the down trend or just a zig from the highs on Thur.
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