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Aaplelong

$Aapl, How about them apples?Smash the like button and the follow button! This is a follow up to the previous chart posted, also containing a previous days disclaimer as the information still applies(110-112 zone note). Apple had a huge day today, but many analyst are calling for the market as whole to be heading back downwards, can Apple keep the steam? Breaking out towards the upside out from a falling wedge, Apple had a CRITICAL day that was necessary for any hope of a recovery soon. Apple needs to hold this zone and break over 112-113 to confirm a trend change and breakout towards the upside. RSI has space to run, which is a good thing, but it needs to take advantage this week to get out of these middle/danger zones. Youll also see there was a partial gap fill that has recently occured (purple zone) A close directly in the vicinity of the 50 day moving average gives the hint that this one could be ready to head back up, we just need a couple more confirmations via price action, and Apple could be back into a bullish mode.
NASDAQ:AAPL
by king806