Hey guys, these are my thoughts on Apple:
So since february 2, the stock did not really stop and was on fire for a nice upside move. Since that huge gap, we see a lot of uptrend move , some consolidation and then a continuation of the move after and thats what we want to see. Last week the stock did a nice uptrend move for two days with nice volume then the stock consolidate since then with low volume and today we see a breakout of that little consolidation and did a new all time high so i am expecting a nice move coming up on the upside. So the major trend is bullish, there was a nice breakout today, did a new all time high so there is really not a place where the stock can stop.
So since february 2, the stock did not really stop and was on fire for a nice upside move. Since that huge gap, we see a lot of uptrend move , some consolidation and then a continuation of the move after and thats what we want to see. Last week the stock did a nice uptrend move for two days with nice volume then the stock consolidate since then with low volume and today we see a breakout of that little consolidation and did a new all time high so i am expecting a nice move coming up on the upside. So the major trend is bullish, there was a nice breakout today, did a new all time high so there is really not a place where the stock can stop.