Seeking Alpha

Master Che's  Instablog

Master Che
157 Followers
0 Following
Send Message
I developed my own trading system, based on magnetism (physics) and velocity vectors...I find the center of the compression, and factor time with volume which determines the outward velocity vector (linear expansion) thereby predicting price and time. I have a market update service and I manage... More
My blog:
masterche.blogspot.com.ar
  • AAPL Update: 1 comment
    Nov 12, 2012 11:18 AM

    11/12/12

    11:00EST

    It can still dip below 545.46 and still be bullish; because the floating OAV (floating pivot) is at 531.85; (below the previous low at 533.72)

    529.12 (CC) is the level it must stay above

    at 543.00 there is support (minor)

    On this current dip down; I want to take off half of my short (696) and put on an aggressive hedge (long); but I prefer to be late on this play (no pre-orders) because it failed twice below 555.00

    Down Price Target: 466.00

    Down Price extension: 404.93

    Up Price Target: 733.00

    Up Price extension: 766.00

    Equalizer: 599.50

    Lower Wall: 555.00

    10:04EST

    No major change from the last update

    The OAV at 545.46 clearly held on Friday; and today it's no less important

    555.70 is the nearest key resistance level (CC)

    then at 559.59 and at 561.21 (resistance pivots)

    But its real simple, if 545.46 holds (now) then the immediate move is up to 676.04

Back To Master Che's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

This post has 1 comment:

Track new comments on this article
  •  
    You state above that the immediate move up if 545.46 holds is 676.04 or this a typo and you meant 576.04. i am in so much pain over my trade at 680.. 350 shares. thanks for all the info you provide
    12 Nov 2012, 06:39 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • 2 days ago took profit on 50% of holdings - but now I liquidate positions (all long) Answering a monetary question with a Wall St. answer
    about 10 hours ago
  • 3:15EST cancel at 209.78/87 or put on a small nibble - get short from 210.42/211.19
    2 days ago
  • IBM: grizzly bear stock - initiate short position (nibble) at 209.87 (opening position) stop loss above 215.00 - add again at 210.71
    2 days ago
More »

Latest Comments


Most Commented
  1. ES (8 Comments)
  2. Closing Comments: E-Mini - Gold - Crude - EUR/USD (7 Comments)
  3. MARKET COMMENTARY (6 Comments)
  4. S.P. mini's: Closing comments (5 Comments)
  5. E-Mini (5 Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.