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09-07-2007, 05:21 AM
james_gsx
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Re: Apple Doji Heaven
Coming back to AAPL, yesterday (Wednesday) we had bearish engulfing pattern on HUGE volume. Today we have what looks to be a doji, again on very strong volume. Looking at the weekly chart, we had a doji signaling a top a few weeks ago on strong volume. We are back up that resistance level and the bulls can't seem to take control. There was a good hammer to go long a few weeks back, so looking at this week I would assume now would be a good time to exit that long position that should have been established?
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