College Network AAPL Chart

Discussion in 'Apple, Inc and Tech Industry' started by collegenetwork, Aug 25, 2011.

  1. collegenetwork macrumors newbie

    Joined:
    Aug 25, 2011
    #1
    So with a college network of trading and years of experience it's time I break down todays price action and thoughts for a swing trader. With Apple bouncing off of the lower end support of the trend line that was started from the isolated low doji in mid June you now have apple bouncing off of that with the obvious news that was released about Steve. So now I would be looking for a positive bounce off of the lower trend line.

    Time will tell!

    [​IMG]
     
  2. Tiggs macrumors 6502

    Joined:
    Jul 6, 2011
    #2
    Think the lines are drawn horribly in an attempt to show an expanding triangle. Need to look at other timeframes, especially ones depicting the channel trends.
     

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