Turtle traders still love apple. That is one nice equity curve for a chart. Approaching 55-day if you missed the 20-day. Also take a look at the ADX, starting to curve up, indicating we could be in for an even nice ride still yet.
Little detour, but we are now back above the 50, back above the prior
support level of $224. Bullish upgrade for Baird with a $300 price
target. Probably a good buy on this pullback, as short term
resistance is near $245, $18 point jump and if you bought the bottom
38 point swing.. These boycotts aren't anything new and probably
short lived, FB is already...
Strong breakout through the $224 high, Bollinger opened right up, think we are heading towards $248 resistance. Seems like market likes the news of FB shops... FB say it will work with partners like Shopify, but to me seems more like a competitor. Amazon seemed mostly unfazed by covid, so seems like this move will help hedge against the unknown moving forward. ...