MichaelGLamothe
Long

Breaking out of 2nd stage flat base

NASDAQ:AAPL   Apple Inc
73 0 1
AAPL             formed a 2nd stage flat base with a Classic Pivot at 119.75. On 1/28 AAPL             reported earnings and gapped above the advanced             pivot at 114.77. It closed near the lows of the day BUT it closed above the advanced             pivot (a sign that it may turn into support). So far the 114.77 advanced             pivot has held and can be considered support with AAPL             rising above the high of the gap up day as well as crossing above the 2nd advanced             pivot at 117.20

AAPL             also appeared on ChartYourTrade's Shooting Stars yesterday 1/29/15. ChartYourTrade’s “Shooting Stars” are the top 3 stocks that advanced             the most on heavy volume from our current UNIVERSE list. Stocks which make big gains on heavy volume point to institutional activity and are therefore worthy of our attention!
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