As per previous idea, AAPL broke out of the downtrend set from Feb for real this time, and glided along retesting support around 118-119. This proved solid.
Looking to see if AAPL can now break 128ish resistance area - quite a lot of selling pressure here. Yesterday regained it's 50 day SMA, and so with that, the likely scenario is a fairly uninhibited run up to 138 resistance once this imminent hurdle is overcome.
Looking to see if AAPL can now break 128ish resistance area - quite a lot of selling pressure here. Yesterday regained it's 50 day SMA, and so with that, the likely scenario is a fairly uninhibited run up to 138 resistance once this imminent hurdle is overcome.
Comment:
Well, it cleared it. Now time to make sure it holds...
