$AMAT continues to consolidate at the top of its range after recent breakout. Holding the 8-day nicely. Look for breakout above $18.17 resistance which has fought the stock back three times.
AMAT gapped up above $17 on news of an acquisition. The gap has held above $17.20, and now the stock is consolidating in the upper range above $17.73. Look for a potential breakout above $18.10. I'm accumulating options in that range for the breakout. Also, holding 8-day nicely.
AAPL is holding its 21-day moving average after the gap up from iPhone sales number pre-release (9MM in first three days). Needs to hold 21-day ($481.23). A close below that level would be bearish. Otherwise, the consolidation after the gap up is giving the 8- and 50-day MAs time to catch up. We'll see what happens. Needs to get back above $486-489 to make...
YELP holding gap up nicely, briefly broke below 8-day moving average and retook, showing relative strength and that the long term trend is intact. Set stop at $60.50, look for breakout of flag pattern
