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 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 and NFTRH+ chart and trade ideas, or the Free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Oh, and follow @BiiwiiNFTRH.

Support free quality content; please disable AdBlock, Adguard or other ad blockers on Biiwii.com (our few ads are non-intrusive) and/or donate... thank you!

Share on StockTwits

Add to SocialTrade