Apple בע"מלונג
AAPL retests 2014 high
While I love the products AAPL isn't a stock I like to trade - the pullbacks can be too deep (as I have mentioned on previous posts regarding Apple). So saying, the latest pullback hasn't been too bad and I may consider a position on this if price swiftly breaks above $133.60 (the recent pivot high).
The recent countermove has stayed above the 2014 pivot high and found support at the 50ma - so there is a good probability that price will go higher. This isn't a stock for immediate action, however, as I will be waiting for price to break above the February high.
AAPL replaces AT&T in the Dow after today's close. It will be interesting to see if this affects Apple's price at all.
The recent countermove has stayed above the 2014 pivot high and found support at the 50ma - so there is a good probability that price will go higher. This isn't a stock for immediate action, however, as I will be waiting for price to break above the February high.
AAPL replaces AT&T in the Dow after today's close. It will be interesting to see if this affects Apple's price at all.
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Twitter: twitter.com/dynamictrader
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