You Can’t Stretch the Rubber Band Too Much

April 18, 2012

Again, the typical heikin-ashi setup on this monthly chart:

  • Price: the best scenario would be to finish the month at the historical high (less probable)
  • Heikin-ashi: still bullish and roaring (we also know that this chart is lagging at reversal points)
  • haDelta: self-explanatory and far from rosy

Conclusion? Let’s forget about AAPL for some time.

You Can't Stretch The Rubber Band Too Much 4/17/2012 AAPL

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