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Post by huh on Jul 29, 2014 8:31:32 GMT -5
AAPL all-time high sits at 100.75. Trading over 99 now. iH&S target points to 121/122 if it can break above. But likely to see some resistance first.
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Post by novie08 on Jul 29, 2014 9:27:16 GMT -5
Was hoping for a (real) pullback to add...
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Post by huh on Jul 29, 2014 9:36:23 GMT -5
Was hoping for a (real) pullback to add... I thought it would have. Hard to see it pulling back more than low to mid 90's now without losing the upside momentum.
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Post by birthmark on Jul 29, 2014 11:06:20 GMT -5
Was hoping for a (real) pullback to add... Me too Novie. Was hoping to get some at 95. I'm really working on my patience when it comes to buying. Especially in this churning market. GL
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Post by novie08 on Jul 30, 2014 10:12:33 GMT -5
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Post by huh on Jul 30, 2014 12:26:46 GMT -5
94.25 to 95.25 looks like a good buy range based on FIBs if hit in the next day or two.
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Post by birthmark on Jul 30, 2014 12:27:34 GMT -5
I agree Huh. Thx
GL
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Post by huh on Aug 1, 2014 9:33:09 GMT -5
AAPL filled the daily gap from 07/22 (but not the closing gap). Intraday support now is 95.40. Lose that and would set-up for a lower low. 96.00 is the resistance to beat.
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Post by huh on Aug 14, 2014 7:00:46 GMT -5
98.13 the first real test for AAPL's bounce off recent low. Upside gap fill and top of channel resistance: That's the resistance to beat in order to finally see new all time highs.
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Post by huh on Aug 15, 2014 9:29:54 GMT -5
That AAPL resistance sits ~98.19 this morning, testing it now.
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Post by huh on Aug 29, 2014 8:29:00 GMT -5
I'm on a long term, fundamental bearish analysis of large cap tech companies this morning. Don't know why. Must be the coffee (or lack of). Anyway...
I believe AAPL will be hitting a long term top soon here - a top similar to years ago when they lost Steve Jobs as CEO the first time. I wrote years ago the disadvantages of the AAPL ecosystem. I won't go into this now. But consumers and investors seem to always be slow when it comes to technology, and I think that is happening again here. And by the time both realize what's happened, it will be too late.
As an example, AAPL is playing catch up now. They are not coming out with new innovative products, but rather they are now the ones playing catch up. And that's a shame because they could have been ahead if it weren't for stubbornness (remember them saying no one will want a larger phone screen? AAPL went smaller as consumers went larger). And the iWatch? It will be popular on launch, but I believe ultimately a disappointment. It will have about as much impact on the long term pps as drones will have for AMZN in the near term. Also, combine this with their falling device prices and compressing margins, and you get a formula for a long term top.
Don't get me wrong, AAPL is a very profitable company and will be for quite some time. And I believe AAPL will still see higher highs from here (min. 120's-130's) as they launch a larger iPhone 6. But it's too little & far too late. Manufacturers like Samsung & HTC (& possibly even the smaller lesser knowns like LG) are now at least 2-3 years ahead in the device market. And GOOG's Android software even further ahead than that.
But in the longer run, AAPL is likely very close to a peak here. And without some major new advances/offerings, they will likely become more of a slow moving dividend play than the high tech innovator they were only a few years ago.
JMHO
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Post by huh on Sept 4, 2014 7:15:17 GMT -5
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Post by jacksrbtr on Sept 8, 2014 9:31:08 GMT -5
Possible bear flag forming on the AAPL daily will know for sure by EOW.
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Post by huh on Sept 8, 2014 9:35:22 GMT -5
Possible bear flag forming on the AAPL daily will know for sure by EOW. I'm eyeing ~95.77 as critical support...& perhaps a good buy for a run to 120's since the stop could be tightest there for that particular set-up.
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Post by huh on Sept 8, 2014 9:48:58 GMT -5
Possible bear flag forming on the AAPL daily will know for sure by EOW. I'm eyeing ~95.77 as critical support...& perhaps a good buy for a run to 120's since the stop could be tightest there for that particular set-up. Would also expect that if it gets tested, it will happen near the close tomorrow or Wednesday's open.
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Post by huh on Sept 8, 2014 13:27:16 GMT -5
Possible bear flag forming on the AAPL daily will know for sure by EOW. I'm eyeing ~95.77 as critical support...& perhaps a good buy for a run to 120's since the stop could be tightest there for that particular set-up. Interesting - that bear flag you see Jack...it's a little sloppy, no parallel channel or controlled FIB tests. But if you instead measure it as a small pennant (breakout target measured as the height of the pennant), you get a target of 95.77/95.78. Same target I have as the FIB and bottom of channel supports. FIB measured from 08/08 low and channel drawn across 06/25 & 08/08 bottoms.
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Post by huh on Sept 9, 2014 9:02:10 GMT -5
AAPL testing the top of that little pennant like pattern ~99.50-99.60;
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Post by novie08 on Sept 25, 2014 10:05:18 GMT -5
Right on cue, T/R upgraded AAPL yesterday afternoon. In spite of the big, big glitch, fans were lined up out the door yesterday at the mall here. I am hoping to pick up some additional cheap shares.
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Post by huh on Sept 25, 2014 10:06:02 GMT -5
Right on cue, T/R upgraded AAPL yesterday afternoon. In spite of the big, big glitch, fans were lined up out the door yesterday at the mall here. I am hoping to pick up some additional cheap shares. Any idea where you can find T/R upgrades/downgrades as they happen? I think you are really onto something with this.
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Post by novie08 on Sept 25, 2014 10:08:51 GMT -5
No, huh...just see them on my Scottrade. Those ups/downs would be only for s-t trades as I learned from AKS which they downgraded then 3 days later upgraded!
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