AAPL – Apple Computer (Last:426.61)

The tiresome conniptions of the last week have registered only dimly on the hourly chart, and not at all on the daily.  I’ve set an alert at 426.62 to wake me, since that’s where bullish impulsiveness begins on the very lesser charts. If you’re in love with the stock and fancy jumping back in at the first opportunity, I’d suggest using the look-to-the-left peak at 417.15 to set up a camouflage entry signal. The number is not really a peak at all, at least on the 10-minute chart, but I expect it would become one if we zoomed down to the 5-minute bars or less. I didn’t do so because it would require a too-tight scrunching of bars to display all the information that is relevant to our needs.