Prospectus's Post
Watching AAPL, but it's not looking like it's gonna repeat the last few times it rallied into the close
28 Replies:
If I had guts I'd sell it short here
Really? Interesting.
Watching a volume chart, the OBV made a lower low than price. Also, the bid / ask volume trend is down. Barring some big program buy I think it's going back to the LOD
what program you use to watch the bid/ask volume trend? you're getting a chart of that?
Quotetracker. I'll post the chart I'm looking at on MtM later.
With all the waffling around, I'm starting to think that AAPL will finish the day right here around 136.
The bid / ask volume trend reversed at 135.90--now it's at the ask...
OBV says down
bid / ask vol trend still says at the ask
bid / ask volume trend just flipped down--looks like we're going all the way to 135.42. Another setup I should have taken!!
Frankly, I'm surprised at the break. I thought for sure that there wouldn't be enough selling after that long, slow rise this afternoon.
OBV trying to break the downtrend line here
Failed--down we go
I see this as a dip and rebound..
woah, divergence--lower price low, higher OBV low. Maybe we go back up?
Wild--now it's just reacting to the orders coming in, swinging around
@Sloth: My commentary is only focused on intraday action, specifically today until the close. After that I make no comment about which way AAPL will go
More volume at the bid than the ask. What that means, I don't know, since the bid and ask move so much
New uptrend on OBV, so up we go
Are you reading those techs backwards? :)
Just broke that trendline. I guess I have no clue what's going on.
re aapl you said "More volume at the bid than the ask" - are you looking strictly at the raw time & sales data? I also have quotetracker. get my feed thru a tdAmeritrade account. but do know what I'm looking at. So are you looking at time & sales, or are you looking at level 2?
No, it's a lower indicator for a chart. It's called BAV Trend
Yeah? I was joking.. :)
I was talking to gregh
doh.
Now I'm talking to you. The trends reversed, big time, both on OBV and Bid / Ask volume trend
AAPL probably closes above 136
