On Friday, Apple stock had a 4-1 stock split, making the price more affordable for investors. On Monday, investors piled into the stock.
This chart is a short term chart of Apple stock, using 1 hr periodicity.
As we can see, the first hour of trading on Monday caused the GoNoGo Charts to flag a low risk buy entry (green circle) and it has been onward and upward since then. Accompanying this move, we can see heavy volume, represented by the dark blue of the GoNoGo Oscillator, signaling that investors were rushing to take part in the move.
This chart is a short term chart of Apple stock, using 1 hr periodicity.
As we can see, the first hour of trading on Monday caused the GoNoGo Charts to flag a low risk buy entry (green circle) and it has been onward and upward since then. Accompanying this move, we can see heavy volume, represented by the dark blue of the GoNoGo Oscillator, signaling that investors were rushing to take part in the move.