9.5 C
New York
Wednesday, November 27, 2024

Nice Reversal

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Very similar action to January 2012 here as that dip was bought aggressively.  If corrections of overbought conditions are going to be 60-90 minutes long we definitely have a change of condition.  Apple (AAPL) is back to its old ways after a few month break – leading the charge.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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