Comments on: AAPL Breakout 4-11-24

By: william9in

william9in — Fri, 12 Apr 2024 02:35:58 +0000

AI is at support.

By: tslamoon2022

tslamoon2022 — Thu, 11 Apr 2024 20:04:26 +0000

In reply to Olie1971. D'oh... I had an alert on this particular trendline and still missed it! This market doesn't F around when it wants to move

By: Jeff Vandenburgh

Jeff Vandenburgh — Thu, 11 Apr 2024 19:25:09 +0000

Perhaps more importantly than AAPL for the overall structure and sentiment in the QQQ are the new all time highs in AMZN and GOOGL today. MSFT and NVDA also look to be breaking out of bullish consolidations. And with QQQ making another perfect bounce off its 50dayMA this week, there is no reason to be bearish on a trend basis.

By: KevinK

KevinK — Thu, 11 Apr 2024 19:23:27 +0000

In reply to Olie1971.

Give Randy a little leeway.
It’s impossible to follow every stock, commodity, and etf, every day.
But the obvious dip buying hasn’t gone away in 5 1/2 months.
Until there’s some follow through on the selling, it’s a losing gamble to short.

By: rsotc

rsotc — Thu, 11 Apr 2024 19:14:42 +0000

Video uploading now with more thorough analysis on AAPL as well as TSLA.

By: Olie1971

Olie1971 — Thu, 11 Apr 2024 18:55:06 +0000

Ouch, you did not only miss AAPL (the obvious, as you say), but you made a strong case to short the Qs right before the Qs exploded (apparently because of AAPL). So, it’s worse than missing out on something (the obvious AAPL move), but we got hurt by following your analysis to short the Qs – which wouldn’t have been the analysis had you not missed the obvious AAPL. Ugh.