The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. Maverick74

    Maverick74

    Oh yeah, AAPL blew through it's levels really early. The QTR A down was 622. The monthly A down is 578. It confirmed a weekly A down at 532 this week.
     
    #6721     Nov 15, 2012
  2. copper forming a nice coil and the numberline keeps firming...
    I have a +9 for the month and a +7 on the 5day...

    any thoughts on how ya play? are the futs the only avenue? are the options liquid?
     
    #6722     Nov 15, 2012
  3. Maverick74

    Maverick74

    My copper numbers are different. My 5 day is +2 and so is my monthly. My 30 day on copper is still -20. Furthermore, we have a confirmed QTR A down. The monthly level is holding but I'm not so excited.

    My go to Copper trades are FCX, BHP and SCCO. All three below the monthly A downs. Copper is going to need some time to work off that negative 30 day.

    I like US Steel better but that one is not quite there yet.
     
    #6723     Nov 16, 2012
  4. good point bout the QTR down in copper...
     
    #6724     Nov 16, 2012
  5. long aapl here 519 area stop 510
     
    #6725     Nov 16, 2012
  6. Maverick74

    Maverick74

    The King is back! :)
     
    #6726     Nov 16, 2012
  7. feel a bottom is close here, this stock has taken quite a beating
     
    #6727     Nov 16, 2012
  8. so Mav do you think the sell off in aapl is due to company issues or correlation with "fiscal cliff". Curious what you think.
     
    #6728     Nov 16, 2012
  9. Maverick74

    Maverick74

    Famous last words. :D
     
    #6729     Nov 16, 2012
  10. usually hits your stop then reverses, the usual!!
     
    #6730     Nov 16, 2012