We need to see a close above $600 to believe in a rebound... "Apple Inc. (NASDAQ:AAPL) are trading higher in the after-hours after reported net income above Wall Streetâs expectations for the second quarter. Currently, shares are higher by 7%, trading at $600, they ended the regular session lower by 2%, at $560.28. Following the investors reaction in the extended trading we should see a gap up tomorrow morning. It will be important an interesting also, see if stock will have legs to close above $600. A breakout above this level would constitute a technical entry for the short term trader looking for a quick trade." Source : http://ac-investor.blogspot.pt/2012/04/5-stocks-that-i-will-be-watching-for.html
I thought this was a thread about aapl and trading but everything is a pissing contest, if you are so eager to show the world your high skills there is nothing more effective more transparent than making live calls and backing them up with a screenshot, otherwise, you look like a moron in the eyes of the world, whether you were right or wrong, but nothing more idiotic, than the after the fact geniuses.
Tell it like it is, FoN! It needed to be said. As to AAPL - A nice recovery/reversal jump to be sure. But there's still quite a bit of work left, to make New Highs from here. Not to mention trying to pull the whole rest of the Market up at the same time!
Would also be nice to see the Volume at 40+m by the end of the day. Need it to be higher on the Up days then on Down days, in order to get the Uptrend going again.
This time I did well, I'm no star trader unlike the people here. Only way I can make a dime over the course of time is averaging down indices on pullbacks. However, for today, I will celebrate.