rss
email
twitter
facebook

Friday, July 16, 2010

Equity Update: July 16, 2010




Motorola Is Willing To Break the Phone They Just Sold You

Read Article Above ^^^^

Look at todays price action on MOT. Coincidence or are markets relatively efficient? Or is this just complete nonsense? You tell me…




-----





6 month aapl daily

Short aapl to 225 range. That is given….






However the real test can be seen on the weekly chart. 225 coincides with RSI 50 weekly support along with 50 SMA weekly support. Will all this negative sentiment and iphone4 press conference contribute to apples fall …. to say 150?


For now I'd continue to short to 225 and assess the damage to come at those levels.

**note** I'll be watching the volume carefully




----

Alexander LĂȘ
Managing Partner
Analyze Capital LLC
analzecapital@gmail.com

No comments:

Post a Comment

 
Disclaimer
This Blog has been developed by Analyze Capital LLC, and as an independent organization we provide “AS IS” information without warranty. The ideas and opinions expressed by the contributers of this blog are personal and do not represent the actions or policies of Analyze Capital LLC. The contents of this blog do not intend to assert recommendations or to offer advice of any kind. We are not responsible the consequences, be they gains or losses, that may result from using any of the information from this blog.