Thursday, May 9, 2013

Apple + Google Technical Analysis

AAPL: Like we warned a few days ago, this is the tricky resistance region where most traders get trapped in. Price is still stuck in this 10 dollar range in order to trap in more traders. Patience will pay off, wait for higher probability setups.


GOOG: Magnificent bull run really, broke out intraday once again and did a textbook measure move. Tomorrow is friday, be careful of range day traps.