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Apple Computer
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By exceeding the September 29 peak at 403.00 by 18 cents yesterday, Apple’s recovery without Steve Jobs at the helm is belching fire. The rally spike created a legitimate impulse leg on the 240-minute chart, but it also left a slightly higher peak at 403 undisturbed. Pivoteers will see it differently, however, and so we’ll be looking for a ‘camo’ entry opportunity similar to the one sketched out hypothetically in the chart. I’ll try to signal when it’s time. Want to learn how to nail swing highs and lows precisely, and to manage trade risk with a simple approach? Click here for information about the upcoming Hidden Pivot Webinar on November 16-17 and a $50 discount.
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