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$AAPL Head-and-Shoulders – Target: 320 $QQQ $SPX $SPY

January 24, 2013 Comments off

Apple weekly chart (see below)

Upper pane

  1. Waiting for a resolution of the bearish Head-and-Shoulders following a sustained long uptrend
  2. Price objective: 320 (based on H&S characteristics)
  3. The thickness of the Ichimoku cloud in the next 13-15 weeks suggests a resistance difficult to overcome
  4. Note the change of trend 26 weeks in the future on the Ichimoku chart: Usually, such points warn about a strong trend to develop during this time

Middle pane

  1. The haDelta average SMA(3) was negative (yellow area)
  2. haDelta and SMA(3) failed to become positive (bad sign)

Lower pane

  1. Failures to go above the oscillator’s resistance (50-60 area) = Weakness

 

$AAPL Head-and-Shoulders Target: 320 $QQQ $SPX $SPY 1/23/2013

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Why You Should Use Heikin-Ashi for Your Trading $AAPL

October 8, 2012 Comments off

Because heikin-ashi filters out the noise and haDelta offers frequent advanced signals.

Here are some observations building the foundation for a further $AAPL weakness:

  1. haDelta crossed below its SMA(3) one day earlier (dashed vertical line)
  2. SMA(3) failed to rise above zero (very bearish sign)
  3. haDelta and its SMA(3) had a bearish crossing near zero (another very bearish sign)
  4. What happened today is a result of 2. and 3.
  5. Ready for a short bounce at support (blue area)

Beware $AAPL!

Why You Should Use Heikin-Ashi for Your Trading $AAPL 10/8/2012

If you don not have access to heikin-ashi or/and haDelta, use Ichimoku.

A Close below Tenkan-sen and Kijun-sen with Tenkan-sen below Kijun-sen is a bad omen. And we have one here…

Why You Should Use Heikin-Ashi for Your Trading $AAPL 10/8/2012

$AAPL: Why Heikin-Ashi Improves Timing

September 11, 2012 Comments off

Another example showing WHY timing is getting better with heikin-ashi and especially, haDelta.

 

$AAPL: Why Heikin-Ashi Improves Timing   9/10/2012

Time for an Apple (AAPL $AAPL)

July 3, 2012 Comments off

With the close above the Ichimoku cloud, Apple becomes a strong candidate for a run before the earnings.

Heikin-ashi (lower pane) supports the bullish view with clear resistance levels.

 

Apple Looks Bullish: Patience Will Pay Off Soon

June 2, 2012 Comments off

Why?

  1. A typical heikin-ashi reversal candle on the week ending May 25
  2. A Positive crossing haDelta :: SMA(3) at the end of the week ending May 25

As of today, the stop-loss is placed below the minimum of the week ending May 25.

It is worth noting (again) that the (more or less) bullish engulfing pattern (yellow) does not have any relevance for traders usingĀ  heikin-ashi. haDelta and its short average SMA(3) signaled a reversal already on May 25.

Apple Looks Bullish: Patience Will Pay Off Soon 6/1/2012 AAPL $AAPL

Why Apple is Due for a Reversal

May 9, 2012 Comments off

Short, but reversal.

First indication: When SMA(3) will cross over SMA(SMA(3),3).

Safer indication: When SMA(3) will cross into positive territory.

 

You Can’t Stretch the Rubber Band Too Much

April 18, 2012 Comments off

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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