PPR - Watching Apple, Inc. (AAPL) for a Possible Pocket Pivot off the 10-dma

Published : October 27 2010 at 10:37 ET

AAPL is sitting here taking a little bit of volume-selling this morning, but it's hugging the 10-dma very nicely here. Keep an eye on it in case it flashes a pocket pivot buy point, since this would be a logical spot for it to occur. We also notice that the stock is trading three-weeks-tight (3WT) on the weeky chart, but of course it is only mid-week so that could change by week's end.

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