Market Anthropology: Peter Pan picks some Apples

Tuesday, January 28, 2014

Peter Pan picks some Apples

The Apple comparative is tracing out another large pivot this week and points towards the consolidating retracement decline to exhaust over the coming sessions. 

Generally speaking, Apple has maintained the momentum and volatility structure of the comparative – which is a vote of confidence with respect to a prospective low over the following days. If we had been advising Icahn along the way, sprinkling a little pixie-dust on Twitter and picking up some more shares – looks like a better idea here than it did last week.