APPL… 519 is resistance with 532.50 looking to be the weekly upside extreme. AAPL is overbought on the short term time frames. 504 was the upside tgt area we’d mentioned weeks ago, once initial resistance was overcome at the 200 … Continue reading
The general market tone looks to be “Risk On” going into Month End. IBB is always a favorite and can be bought with a stop below Friday’s close, looking for a rally into the end of the week. OXY…88.80 is … Continue reading
AAPL…we’d love to be able to buy Appl around 470, however this level does not look to be in the cards anytime soon. Buy AAPL with a stop just below today’s low looking for the mid 530’s.
UNH…United Health care remains firm over 72.60 with a 77 tgt. BHP…as long as this stays above 63.50 on a closing basis this has the potential to reach 68. AAPL…expect a test of the 200 day mvg avg @ 475.35. … Continue reading
Stocks.. Line…Linn Energy… Those of you that outright bought the stock should be using a 26.70 stop on close. This has yet to break out to the upside. The daily chart turns up with a good close over 27.60 and … Continue reading
AAPL…this needs above 432 to gain upside momentum. Emerging markets. FXI… (China) a close above 33.65 will start another leg higher. EWZ…(Brazil) investors are bottom fishing here today. This needs to maintain and close over 43.10 for higher. This was … Continue reading
BLK…a close over 260.54 puts in an ORH pattern, however 261.75 is near term resistance. Closing over this level is positive. This should test 268-69 if the pattern sustains. AAPL…a close today over 421.25 puts in an ORH 427.30 is … Continue reading
Stocks.. GOOG…closing over 884 will keep this firm AAPL… closing over 445 will be positive. BAC…13.50 is the closing upside pivot. Spu’s…needs back under 1632-33 for further set backs. Maintaining and closing over 1645 is price positive. SPY…maintaining and closing … Continue reading
Spu’s…1592.50-1593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
IBM…we’re looking for a 199.25 print, which is the 200 day and a natural spot for direction to stall. 201.25 is a good place to take profits if you followed our buy strategy last week. 4/23/13 Sometimes you need to … Continue reading