04/27/2014 – Apple
Issued: 04/15/2014
Apple (AAPL):
1. A weekly close this week (week of April 14) above $515 in Apple will be the earliest indication for a tradable multiweek advance to higher prices and a likely test/attempt at $536 (or higher). Will message any new entry based upon this as the market continues to confirm.
David Williams
Issued: 04/27/2014
Apple AAPL:
1. Our previous Apple update indicated that a weekly close above $515 in Apple during the week of April 14 would send Apple prices to $536 (or higher).
2. Apple closed the week of April 14 at $524.94, well above the $515 confirmation level. Subsequently, Apple advanced powerfully and completed both the $536 upside target along with our original forecast $558/$60 target (last week’s session high, $571.99). Will message any further entry or indication.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.