AAPL is trying again to break out of its current slump. The first attempt failed even though the 8 day crossed the 15.
This second attempt is the same scenario. It is near resistance and the 8 day recently crossed the 15 again.
Volume is low so keep stops tight if you are going long. I would think 527 a good short-term support for this possible push higher.
3/6 b4 close
Comments
octradr
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Not a promising day today. Daily EMA still in positive territory but barely. Today formed a bearish engulfing pattern at the resistance zone so tighten stops. 3/13 after close
octradr
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Broke it today. Let's see if it sticks. 3/11
octradr
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It's having a hard time breaking resistance but the 8 day is still over the 15...barely. 3/10