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Wednesday, October 10, 2012

$AAPL

(Click chart to enlarge)

 
Said last night that hammers and dojis usually lead to higher prices for Apple.  So far, the plan is working.  I still think it needs to get up and test the 10ma , MACD signal needs to cross.  On a positive note, the RSI is starting to show some life.  Once AAPL crosses and closes above the 10ma, then I'll establish a longer term swing position.  Until then my game plan is to scalp intraday via weeklies. 

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