AAPL Daily Technicals

Transitioning from the world of gold misery to the world of electronic gizmo manufacturer misery, Apple’s daily chart continues to target near 300 a share.  I type this on my iMac and I really like this company.  The stock however, still looks like it wants the low 300′s.

aapl

AAPL Daily Chart

It could fill the noted gap but then resume its decline if it does not get decisively above the 50 day moving averages and the neckline to the H&S topping pattern.

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart/trade ideas or the free eLetter for an introduction to our work.

Support free quality content; please disable AdBlock on Biiwii.com... and thank you!

Share on StockTwits

Add to SocialTrade