Apple (AAPL): Crashing Time?

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Apple AAPL has been running up like a rocket showing a Parabolic Curve pattern for the past few months. Yesterday AAPL daily chart broke 20D MA and weekly chart showed Three Inside Down bearish reversal candlestick pattern. Is it a crashing time for AAPL and time to take profit and run? If chart pattern always repeats itself, take a look at Dryship (DRYS) which had shown a similar Parabolic Curve previously. You make your own decision.

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Capitaland: Continue the Down Trend

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A Three Inside Down candlesticks pattern (a reversal pattern) has formed for Capitaland when Capitaland hit the 50D MA resistance and near to the down trend channel resistance, plus unable to break the $3.00 psychological resistance. Expect Capitaland to continue to trade within the down trend channel. Next support is at $2.776 followed by the down trend channel support.

See previous analysis on Capitaland.

 

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