by chanakya » Wed Jul 17, 2013 5:48 pm
Re: Smartp Strategy Grid – AAPL.
Postby chanakya » Fri Apr 19, 2013 9:42 am
We hit 385.10, the call was to reach 378.nn before anything else occurs. The system maintained that as a firm target since 12/18/12.
This is PRIMARY degree support so it should provide bounce.
However, refer to Cycles in the earlier posts that suggest that $AAPL may have a hard time staying up also into June 1st week. It doesn’t mean it can’t rally.
Also, $AAPL bear is not over either but if you look at Cycles posted earlier, perhaps not much PRICE erosion from these lows into July 1st week from where $AAPL gets into more trouble.
That was on April 19th, 2013 right where $AAPL bottomed.
But wait, Smartp gave us this on January 14th, 2013 after calling the top on 12/18/12.
Sometimes $AAPL falls from tree
But wait, there is more – on April 7th, 2013 the following Cycles were published
I see no change to the above scenarios – AT ALL.
1. $AAPL will form a secondary bottom in August 2013 and move higher into October 2013 in a BEAR rally targeting 517-547.91 and fail at that BULL-BEAR pivot
2. Don’t miss the end of the year projection from there for $AAPL
- 20130717 AAPL.png (36.53 KiB) Not viewed yet
Net – $AAPL’s BEAR woes are far from over.
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