Thursday, January 24, 2013

AAPL Opportunities


Trust price only, wait for confirmation and look to scale in at major supports. This is a huge opportunity for bulls to get into mid term positions [40 - 80 trading days ]

Current bias is AAPL opening at 470-475. If capitulation is correct, then it should retest 485 in a no time. If not;

Major supports are 
475 (now turned resistance)
455(January 2012 gap up base)
 435 (maximum overshoot)