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Aroon

Bearish Head and Shoulders and a Gloomy Outlook for AAPLWhen Apple was using the Power PC line of processors in their computers, I was extremely skeptical of them. Their operating systems prior to OS X were abysmal. They crashed all the time, and the availability of software for anything I wanted to do was scant. Then they started rolling out Intel processors, and updated OS, and a slew of performance upgrades and I was sold. But, as the attached article mentions, the hegemony of AAPL is slipping. From the dreadful abomination that is iTunes, to less intuitive interfaces, to slipping iPhone sales, they are slowly and surely losing ground in the markets. The most obvious support for this statement technically is the bearish head and shoulders pattern apparent here. Next, we see a clear rejection from the important technical and psychological level of $120, and an exodus from the Ichimoku cloud. The MACD is solidly in negative territory, and the Aroon indicator together with the ADX confirms a lot of bearish momentum. The RSI indicator shows AAPL is oversold slightly, and the selling pressure evinced by the OBV seems disparate to the bearish price action, so we may anticipate a small rally soon, but this should be interpreted as a good time to enter a short trade, at around the $104-105 level. The doji candle at present seems to confirm a turnaround, or at least a pause from the recent landslide.
NASDAQ:AAPLShort
by quantguy
The perfect time to short Facebook is now.FB has hit resistance at $83. Three times was not a charm for $FB as it could not close above $83. The daily stochastic indicates a sell today. My favorite indicator at present is the Aroon up, I use it to indicate tops in FB when it hit 100. It did hit 100 on Thursday and went lower on Friday. When it hits 0 in about 15 days, I expect FB to between $74 and $77. $FB could be much lower if the news about FB using tax credits for a tax loss carryforward that it was not entitled to are published by national media. Evidently the billions of dollars in tax credits for a tax loss carryforward are not transferable if ownership changes in a Corporation by greater than 50%. This happened when Facebook went public. The loss of these tax credits will cause FB to pay Billions of dollars in back taxes and profits over the last 3 years will turn into losses imho. I'm short FB with $83, $82, $81 and $80 puts with expirations from 6/26 to 7/10/2015. I have notified numerous news agencies to this information which can be found in FB's 10k filed in January 2015. It is hidden well in notes to financial statements in the income tax section. FB says "we are unable to estimate the full range of possible adjustments" in the 10k I estimate Billions of dollars in "Adjustments". Fb sugar coats the news as thinking it will affect only the future tax loss carryforward tax credits. The reality of this situation is that past tax loss carryforward tax credits that FB has taken over the last 3 years will be denied because of the change in ownership of greater tha 50% with the IPO.
NASDAQ:METAShort
by FDNYret
Indicator - Aroon OscillatorMy first time doing a script! Aroon Oscillator is difference between Arron Up and Aroon Down. Aroon Oscillator makes it easier to see which of the two indicators are stronger. Normally Aroon is plotted with the two distinct lines. This indicator fluctuates between -100 and +100 with 0 as the mid line. When oscillator is positive there tends to be upward trend bias, and downward trend bias when this oscillator is negative. The default value for this oscillator is 25, while Aroon is 14. Because of the way Aroon was designed there are no divergences in this indicator. Another usage of Aroon Oscillator would be to see when any value of > 90 or < -90 occurs. This may signal a strong trend may be ready to occur. With a 90 move it is considered bullish until there is a move of -90. The same is true for move below -90. It is bearish until a move above 90 is reached. Of course as with all indicators using more than one is recommended to get clearly signals. Script can be found on here: www.tradingview.com or... bitbin.it
BITSTAMP:BTCUSD
by ItisCalvin
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