How to Make Money Trading Stocks (Apple Inc. 7/14/06 trend line)

♦♦♦2006 Trend Line♦♦♦: http://spreadsheets.google.com/pub?key=tw5XQPy9ZHCLmqhHM-NRRlg&single=tru... Closing Price $192.06 LOD $190.25
♦♦Mojo called the bottom before we got there♦♦ http://spreadsheets.google.com/pub?key=pg4VxbLoak_SCQr-49NyEaA

Apple Inc. (AAPL) The Stealth Bull http://bit.ly/EmI5i

The rules for the setup are simple to use pivot points:

For shorts:

1. Identify bearish divergence at the pivot point, either R1, R2 or R3 (most common at R1).
2. When price declines back below the reference point (it could be the pivot point, R1, R2, R3), initiate a short position with a stop at the recent swing high.
3. Place a limit (take profit) order at the next level. If you sold at R2, your first target would be R1. In this case, former resistance becomes support and vice versa.

For longs:

1. Identify bullish divergence at the pivot point, either S1, S2 or S3 (most common at S1).
2. When price rallies back above the reference point (it could be the pivot point, S1, S2, S3), initiate a long position with a stop at the recent swing low.
3. Place a limit (take profit) order at the next level (if you bought at S2, your first target would be S1 former support becomes resistance and vice versa).

Category:

Howto & Style

Tags:

• AAPL
• Apple
• Inc.
• Mojo

[Tradewithmojo]

1/29/2010 Under the trend line once again LOD $190.25!

[Tradewithmojo]

$AAPL $161.57 MC rating on the weekly chart hitting 99.44 (overbought) which she has never been this high in the past 20 years.

[Tradewithmojo]

$AAPL Is a short ONLY for now with the 78.6% Fib $158.85 / $160.21 the top and which puts the market in a bearish / sideways tone too.

$SPX Has to stay over 61.8% Fib Line $945.18 (forever) with the pivot point $951.44 and DFV $946.11 for today!

[Tradewithmojo]

Morgan Stanley: Mac Shipments on the rise.

[Tradewithmojo]

Apple Inc. (AAPL) Still over 20 year trend line that is just under the pivot point today. $142.50

[Tradewithmojo]

Trend line $118.88 to $143.66 keep it on the bullish side

[Tradewithmojo]

AAPL trading over 146 after hours

[Tradewithmojo]

AAPL over the trend line with this new upgrade this morning and trading at 142.50 now.

[Tradewithmojo]

(AAPL) $139.49 We need to stay over 944.75 SPX or 942.75 SPX Futures. Apple needs to find support to get a bounce to get over my 31 year trend line about $142.07 area today. A bounce off the WFV or DFV would do it or we will have to wait for the DFV to push us over.

[Tradewithmojo]

Took a few off the table AAPL $139.50 with the SPX not holding 942.75 and under at this time.

About 16 hours ago from twitter