AAPL is up 2.84% supported by an above average. The bull flag was confirmed, suggesting that uptrend will continue.
Today, we broke the resistance at SMA 200. This was tested last week, but was rejected. The next key resistance to watch is $473, as it is the highest of the previous peaks (on 2/11). Expect some profit taking there. The third resistance would be around $500 range, and could be realized in September, assuming new product launches meet the Street's expectation.
Komentarze
kungfuguo
⋅
Thanks!
QuantitativeExhaustion
⋅
nice job!
kungfuguo
⋅
The channel never looks right on the big screen. Sigh!
kungfuguo
⋅
Thanks!
octradr
⋅
I thought you might want to know that the daiy moving average was recalculated after the market close and it did not cross the 200 SMA yet. Lets see what tomorrow brings.
octradr
⋅
The peak high on 2/11 was just under 485... 473 was the low of that day.