webthom

Why apple stock will rise..

Long
NASDAQ:AAPL   Apple Inc
0
Apple has made the required value correction, almost retraced to the 61.8 fib and into previous resistance. It has fallen now below the MA 10 still above the EMA 30 so the trend is moving up. The DMI trend signal is quite strong so we still have a strong trending market. The RSI 2 is giving us an overbought situations which is also confirmed by the %R being very low and so a fantastic opportunity to enter the market. The volume has died down so ready to explode.
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