Only Apple

Hilarious, I'll have to remember the name of this formation.

 

Such a naive comment from an attention getter.

Gates has been selling 20-40 million shares per quarter for over a decade.

 

Still looks OK.
An orderly Low Volume Pullback so far, since April 25th.
Staying above the 50 day MA as well.

 

Squisssssssshhhhhhhh!!!
:eek:

 

Yeah, like he's been doing that since MSFT was at $50!

 

Many key instruments closed today at key areas of do or die, AAPL no exception. Leaving the next move at the mercy of the Job report.

Whatever happens in my opinion will have a very nice follow up.

The Nasdaq weekly is hinting more upside.

Let's see if the Job report can be predicted.

 

Q:
What do
June-July 2009
January 2010
August 2010
May-June 2011
Oct-Nov 2011
all have in common?

A:
Multi-week Bull Flags were formed for AAPL during those months, just like the one being built now, in April-May 2012.

And after ALL of those previous Continuation Patterns there were BIG LONG RALLIES to New Highs!!

One more time soon, for us Bulls?

 

I still have "faith" in the AAPL Uptrend. Went further Long on the Dip.
Sold a January 2013 AAPL 560/555 Bull Put Spread @AAPL 573.31.
Maximum Possible % Gain: 91.15%

 

As long as 555-560 holds as the bottom of the Current Channel, AAPL is OK.
It's still just a Low Volume Pullback/Bull Flag at this point.

 

the only thing that stopped it at 550 last time was a blowout quarter