ronposit

ronposit

BABA is bullish in my opinion, and has about 10% to deliver in the near future... Please leave comments, subscribe. You may find it strange that I do not use indicators, and don't confuse you guys with million lines and theories... I use plain charts to do my analysis and so far have been pretty good with it. If you want to understand the most important...

ronposit

As I mentioned last week, it is very difficult to call tops and bottoms, but call was/is correct we are going down!! Enjoy the ride. IS this the end of the world? NO! But by the looks of it, this is a major correction, which at the end will yield amazing opportunity to buy many good stocks at fair price....

ronposit

I few days ago I suggested to open a small short position, as my charts tell me that we have reached a point of reversal (on smaller time frame), continuation of a down trend on a larger time frame. I am very much convinced, and I will be buying puts Q's if you know that that is. APPL puts are a bit too expensive for me, there are other ways to enjoy the ride...

ronposit Updated 

Nothing is guaranteed, but to start I would take a small short position in the stock., as this develop we, we see what else we can do

ronposit

day will most likely close a bit higher, but if you are not into pennies take your profit and enjoy, pull back is coming!

ronposit

Like I mentioned earlier, there is no hard resistance up above, however Longer term charts look as if theyare ready to collapese.. Apple is the leader of it all! SO once it hits 183, I'd move my stop right under and let it run, who knows....

ronposit

I suggested strongly we were going up, here we are! $183 + is a new target, no resistance on top so who knows where it will fly. I would take profit and see what tomorrow brings!

ronposit

I am not sure who is following my postings, but I have been spot on since I started posting over a week ago. Here's my idea for Monday/Tuesday APPL will be going up, my first target $183, it will most likely happen in at least 2 days - but this is impossible to predict, so 2-3 or 4 days is irrelevant, first target is important!

ronposit

This entire week I was spot on on calling action on APPL, follow or contact to learn how it is done.

ronposit

As i was saying, we had a pullback! Now, in my opinion, is the time to buy!

ronposit

I just reviewd chart again, we may bottom out soon on APPL and then reverse up. This formation is very difficulat to see, but I believe what I outlined in my previsou post (Down-up Down) has already occured. APPL may reverse and continue it's up move... In any case, I dont see any reason to panic, if anything this is opportunity to buy more in my humble opinion.

ronposit

I drew on the chart APPL trajectory for today! I am pretty certain about it. I would not panic and sell now, there will be pull UP shortly, then it will tank. But tomorrow and we are going to continue going UP. Smart money will be buying the big DIP of today!!! I teach if anyone cares to learn.

ronposit

I suggest you take profit, we are most likely done for the day....

ronposit

AS yyou can see we are enjoying nice run up in APPl, my chart says we still have plenty of room to go up, however there is no fixed area of reversal I am aware of. So, like I said day trade it, buy dips, sell rips!

ronposit Updated 

As i wrote thelast 2 days, APPL has much room to go. So far - right on the button! Overnight/tomorrow there maybe be moments of pullback, as securities don't just go up or down without pullbacks - I would not worry about it, In fact, as I mentioned previously Day trade it, sleep well and buy dips for now. I will update tomorrow based on what I see. Once gain...

ronposit Updated 

As I state yesterday, Apple stock looks temporarily bullish and had a way to go before it tanks to lower lows. For not I am confident it has room to go. Personally I would day trade it, as aftermarket and premarket sessions can screw you up before you know it. Take daily profit and sleep well. I use charts and Volume data to determine stocks direction in the...

ronposit

I use wave count as well as cumulative delta analysis to form my opinion. Apple will pull up in the next few days and and will tank. It will be brutal. Most likely it will pull the entire market with it. Momo crowd and all the talking heads are just now waking up to the huge debt and srious problems in China, but this is just an attempt to explain what's what...