8 day record?
- Posted by admin
- on February 14th, 2012
We can’t remember the last time we saw a stock trend above the 20EMA chart for 15 days and even more impressive trend above the 9EMA for 8 days. $AAPL is the only stock in our universe that has done that this year. Any other examples out there (non-small cap)?
If you want to short this behemoth at least do yourself a favor and wait for the trend (at least the 20ema/60min) to break.
20EMA is blue line, 9EMA is orange.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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The HCPG team has been trading professionally since 1997 and founded The High Chart Patterns Newsletter in 2006. More »
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