Stock Market Archives | Brooks Trading Course

AAPL testing bottom of monthly channel and will likely enter a trading range lasting years.

January 26, 2013 By Al Brooks, MD

0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0This is an update on the daily, weekly, and monthly charts of AAPL, which will probably trade below 400 in the coming weeks and then sideways for years. 0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0

More down for AAPL bear, October 26, 2012

October 26, 2012 By Al Brooks, MD

0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Although the Emini is still forming higher highs and lows on the weekly chart, it is in a bear channel on the daily chart. It is therefore in an early bear trend, but it still might have one more new high before it sells off to the bottom of the weekly channel. […]

Top in AAPL on monthly, September 18, 2012?

September 18, 2012 By Al Brooks, MD

0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0 I posted this on BrooksPriceAction.com on September 18, 2012. AAPL Top AAPL obviously is in a huge bull trend. However, it is at the top of a monthly channel and is trying to break above a steep bull trend channel line. That works about a third of the time. 67% chance […]