Apple vs. Samsung analysis

Both of the tech shares rose sharply since early 2009, APPLE reaching above 400% while SAMSUNG is at 290%.

In the majority of the time APPLE over-performed SAMSUNG but in the last five months the decline in the APPLE shares reversed the ratio.

I wonder if this is a sign of reverse in the investor's sentiment regarding the two largest tech companies in the world. If APPLE will fail to amaze its fans in 2013, than buying  SAMSUNG shares could be the perfect investment for those who want to keep their money in this sector.

Apple, Groupon update

It seems like the investor's sentiment has reversed yesterday, at least for the short term.

The EUR weakness and the news about Cyprus, Spain and Italy could reverse the markets.

Therefore, I am setting SL levels for:

•  AAPL at $437.00 ( http://markettechnicalview.blogspot.ro/2013/01/apple-technical-analysis.html )
• GRPN at $5.13 ( http://markettechnicalview.blogspot.ro/2013/02/groupon-time-for-rally.html )

EUR-USD analysis. Reversal time.

The daily chart of the EUR/USD cross reveals a bunch of clues for a mid-term reversal.

The strength of the Euro from late July until now has evolved in 3 waves (ABC structure) and it almost reached the 61.8% Fibonacci retracement of the  May 2011 - July 2012 swing down.

Moreover, there are 3 AB=CD scenarios on different time scales (blue, red and green lines on the chart) that are projecting the target in the same area 1.3655 - 1.3770.

In Friday's session the price formed a spinning top candle and today it seems that the bears are dominating. In case the EURUSD cross will close the day somewhere below  1.3600 level, than a bearish engulfing pattern will be created and we should look for a reversal.

GROUPON - time for a rally

This is a chart I have been watching for over a month now and it finally triggered one of the buying scenarios.

I expected a break above the $5.47 key resistance in the previous analysis ( http://markettechnicalview.blogspot.ro/2013/01/groupon-analysis.html ) and this happened yesterday on a relatively high volume.

Add to this fact the support offered by the 50 and 100 day moving average which is a plus for the buyers. Those who are looking to buy can buy the small intraday pullbacks  or can wait for a clear break of the resistance zone and a retest of it as a support.

The first resistance is in the $6.40 but the target is in the $7.90-$9.00.

APPLE technical analysis

Here is an update for the previous analysis (http://markettechnicalview.blogspot.ro/2013/01/apple-analysis-is-it-time-to-buy.html) and the bulls seem to be more and more optimistic.

Gold technical analysis

APPLE analysis. Is it time to buy?

Here is an interesting chart that shows a nice reversal pattern in times of bearishness.

We all know that Apple (AAPL) has stumbled more than 12% after the earnings report was released Wednesday afternoon and the market seemed dominated by the bears in yesterday's session. 

However, the gap down could as well mean a buying opportunity. In Elliott Wave principle this is an exhausting gap that indicates the end of a swing (bear swing in this case). This scenario was taken into consideration in my previous analysis on Apple ( http://markettechnicalview.blogspot.ro/2013/01/apple-shares-price-analysis.html ).

What is more interesting is that we have other examples of the same kind in important companies like HP or Groupon. The main clues are: bearish trend, large gap down and unusual high volume. 

So, the question remains: IS IT TIME TO BUY?