Scott Redler: Connecting the Dots on AAPL & BABA

We've been keeping a close on AAPL and BABA in Redler All-Access, so let's break each of them down.

They're different stories -- AAPL's been a shooting star since earnings while BABA only caught a bid today.

Here's how we've been tracking them.

This is the 'Before Chart' I posted yesterday morning. There was word that Turkey would boycott US electronics, and that China might do the same, but as you know, I like charts more than news.

So what was the chart telling me? That AAPL needed to hold the $207 area to stay special. 

Yesterday, Apple was green in a sea of red, and I got long for a new entry. 

I then sold some this morning, and I want to see if it closes above $210.95. The measured move still points to $217ish.

Now let's turn to BABA's 'Before" chart.

It was under pressure since the island top with most strength getting sold. It was below the 8/21 day and we needed to see how it handled big support at the $164-$166 area. 

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