FXCM

AAPL Maintains in Bullish Area on Daily Ahead of Quarterlies

Long
NASDAQ:AAPL   Apple Inc
AAPL is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and align short-term traders with the daily. If the stochastic maintains the upper levels above 80 (blue arrow), there is a probability of a bullish momentum push. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques. Results are due after market close today with revenue expected at $73bn (%59.7bn) and EPS of $1.00 ($0.64)

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