Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

AAPL

 

Previous update

5/22/14

10:30EST

AAPL:

minor adjustments;

591.51 is now the key OAV and holding above this level (weekly) means we're in the early stages of the move up to 628.48 - 629.26 and essentially until 617.17 there is no serious resistance

In the event the ES/SPY take out the previous highs and take out 1902/1904 then AAPL should step into an elevator

Bear in mind we're still within the confines of a double up extension (644/656)

reaching or not 629.26 is highly pivotal and expect an immediate pullback at 629.26

NOW:

5/29/14

8:30EST

The dip/pullback is a tough one to call, I have no indications or viable measurements to determine how far down before continuing up to 644/656

 

5/29/14

8:30EST

AAPL:

Still lucky as an old dog on the AAPL calls

617.11 is the immediate down target from the dip/pullback from 629.26 and 616.14 is the nearest key (minor) support pivot

Disclosure: I am long AAPL.