November 10, 2015


  • Apple weekly chart shows price trying to put up the right should of a head and shoulders pattern.
  • Daily chart unable to sustain above 200 day sma.
  • Last chart shows weekly getting resisted at cloud top. Apple bears need a weekly close below the cloud.



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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore