Wednesday, 18 April 2012

Update on Apple: See how it flies today with $9 up now!

Dear Friends,

See how Apple is flying today. This is money falling from the sky! But having said that, Apple has a slight resistance at $620 and $625. See if it breaks through. At this moment, today's high is $620.25.

Options Graduates, remember $620 is a Law of Gravity of Price, which is a resistance!  ;) Now price is at $617.40.

If we day trade, when price comes back $619.81 without falling back to $618.50, get ready for the breakout!

Trading is all about knowing Prices! Once we know PRICES and the SPEED prices move, we know the movement of stocks!

Charting should be a secondary tool which we take for reference.

Rgds
Daniel

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