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Wednesday, September 26, 2012

$AAPL

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Just my .02:  Apple put in a spinning top today, gapping down and almost making a r/g move later in the day, finishing -8.36.  The last 5 times (4/24, 5/18, 6/28, 7/26, 9/11) it has led to higher prices and nice swing trade entries. During those times, Apple has had an avg RSI of 41.5.  Today it closed with an RSI reading of 46.1.  Based on this, I would say the downside here is limited.  For confirmation, I'd like to see it trade above 672.69 (todays high) and hold for a long side entry.  Of course, if it takes out today's lows, all bets are off...

Sunday, September 23, 2012

$GC_F

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Gold futures pulling back a bit tonight, bouncing off 10ma.  Remains in bull flag.  1749.5 (high 9/12) could be a nice pick up.

Thursday, September 13, 2012

9/14 Watchlist -- $AAPL $BIDU $GOOG

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Thursday, August 30, 2012

$NFLX

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Other traders ideas about NFLX -- Stocktwits

Other traders ideas about NFLX -- thelion.com

Netflix gave the original buy signal over 60 (red t/l) , after riding above the 9sma for 4 days.  Failed to get into the earnings gap (green t/l) and put in a nasty candle today after trading below its 9sma for 4 days.  NFLX is back at the 60 level, below 60 and I think this gets back to 53 (blue t/l).