Only Apple

Shame he got out like everyone told him to do.
He was a GURU after all!

 

thinkorswim showing an 81% probability of AAPL hitting 615 by April 20th.
Oops! that's now a 79.40% chance...

Whatever....

 

Anything can happen tomorrow, but AAPL looks good so far.
I like the falling volume as AAPL settled down to, and bounced off of 620 support.
The new lawsuit against AAPL might have been part of the reason for this very orderly -3.5+% pullback.
The Fed is talking about easing some more too, so maybe 620 will become a launching pad for the next leg upwards?

 

I hate to say this but it looks like it is heading to 617.

 

Correction it may hit 617, but it is right on the support line now.

 

It wil touch 617 by 11am EDT tomorrow, if not by the NYSE open.

 

It looks like it is going to gap down on the open. You very well could be right.

 

It can't go straight up to 1000. Going sideways for a while, in a 650-600 channel, makes sense on this longer term chart.

 

So much for 621-617 support.
Looks like a nice even number 600 might do the job instead. We'll see.
Hopefully it won't fall to 575; though it could without ruining the uptrend.

 

I would be holding if I were still short. We'll see $575 next week if not monday.