$AAPL - Excellent reminder to always Trade What You See, Not What You Think!

[morpheustrading]

Bearish engulfing candlestick so far today...

[Duniyo]

Using your technical analysis skills where do you predict AAPL will be in a 2-4 weeks? Just interested to see how accurate you technical analysis is.

[morpheustrading]

Wow, judging my skills based on ONE trade. I can feel the sweat rolling down my face, ha ha.

First of all, I never base my trades on what I THINK will happen (predictions). Rather, I trade based on what is actually happening at the moment.

Nevertheless, my best educated guess would be a pullback to the 50-day moving average (around $490 to $500). I say that mostly due to the mini bear flag pattern that has been forming over the past few days.

Also, if you want to see how well my technical analysis strategy works, the best thing would be to check my extensive thread here on this forum, where I have posted analysis of many stocks. Here is the link:

http://www.mrmarketishuge.com/showthread.php?3273-Top-swing-trading-stock-amp-ETF-picks-with-Morpheus-Trading-Group-(MTG)

Hope that helps.

[Duniyo]

I am not trying to rate you or your system but I was interested in where you predict the stock would be

[morpheustrading]

Only joking