QQQ crushed it again last week, testing a breakout above the channel we drew last week. Investors will look at Apple’s press conference at WWDC 2023 (Monday at 1:00PM EST). It’s safe to say that whichever way Apple moves, NASDAQ:QQQ will follow. Technical Analysis: Although we got 2 candle bodies to close above the bullish channel, we still have yet to have a...
Apple has been a frustrating stock for most of the year, but now it may be squeezing toward another rally. The first pattern on today’s chart is its super-tight Bollinger bandwidth, which yesterday was the narrowest since December 2019. That could suggest price is overdue for a move. But which way will it go? MACD just turned positive (the second pattern), which...
Apple does an annual conference that always raises the price of their stock. iOS 15, iPadOS 15, watchOS 8, tvOS 15, macOS 12, and other software updates are expected to be announced. There are also rumors of a new Mac Pro that could be revealed, as well as new AirPods.