CLICK ON CHART TO ENLARGE Apple remains below its 30-year resistance line and the Nasdaq 100 has been weak of late as it cracks below a bearing rising wedge support, after hitting key resistance. The Power of the Pattern reflected back in February that the top of the channel and its 50% Fib retracement level [...]
On 4/13 the Power of the Pattern reflected that Apple had broke support of a very steep rising channel (see post here) and was up against a 30-year resistance line. Last week, the day after Apple announced its earnings, it rallied over $50 per share. What has happened to that rally since last week? The majority [...]
One hundred years ago yesterday, the Titanic sank to the bottom of the ocean. Does the Captain of the Titanic and running a portfolio have anything in common? Yes. Their are small things to watch for that can make a big difference in the future values of your portfolio. From a Marco perspective, if the Titanic [...]
CLICK ON CHART TO ENLARGE Apple has rallied over $250 per share, inside of rising channel (1). Today Apple is breaking below this channel at (2). This small break of support is taking place as Apple is up against a resistance line that dates back almost 30-years! The Power of the Pattern reflected on [...]
CLICK ON CHART TO ENLARGE At the end of the month and quarter, Apple and the NDX 100 find themselves at key long term lines!
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