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Friday 20 December 2013

Buy Apple @ 550- 1 win, invalid later

Buy Apple @ 550 if it stays above & goes higher, for 30 minutes expiration

Result: 1 win, invalid later
Buy Apple @ 550 (as low as possible)
Apple only managed to stay above 550 at 11:30am EST, expiring @ 550.67 but dropped below & failed to stayed above anymore
Signal became invalid later after Apple failed to stay above & go higher

Apple is unexpectedly weak today as it stayed barely below 550, closed below 550 & dropped further after-market, even when the stock market (S&P 500) kept going higher
Watch Apple @ 550 for resistance on Monday, sell if it continues to be weak, stays below 550 & drops further


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