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Profile: carson56
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User Name: carson56
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Joined: Sunday, March 27, 2005
Last Visit: Saturday, February 15, 2014 11:06:05 PM
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Topic: AAPL
Posted: Sunday, December 16, 2012 8:18:19 AM

[QUOTE=pthegreat]

have a look at the 15min chart, and how symmetrical the bounces in the down turn are.

http://screencast.com/t/e65gpcKEn9

the purple lines of the previous two bounces duplicated and anchored at the 10/9 11:00 low gave the exact target for a new short position today at the HOD.

 

pthegreat. Found your thread today. Since this stock means so much to Nasdaq and Sp500 it's very interesting to find someone who was trading it thru that reversal pattern when many thought it would go up forever. Was wondering if you think we will fill the gap approx 430 or could we finish 5 waves now and resume upward? Thanks