March through April saw a bit of a correction for the up-trend from Dec-11 to early Mar-12. Additionally, earnings
reports were on the horizon for AAPL
(one of SWKS
larger customers) and SWKS
, in that order. Contrary to many predictions, both AAPL
beat expectations and forecast the next quarter to be more of the same. SWKS
saw a $4 jump in the course of three days, so I suspect a modest pull back on Monday, but I'm looking for the MACD
positive cross signaling a continued up-trend.