Aaple shares setting up
AAPL shares were up 1.4% to 113.54, reaching during the session a new 52 week high at 113.75$. The daily chart show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. Indicators are all in favor of Bulls with K line above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma = Bullish Mode.
Chart courtesy of stockchartsDV shares can be ready to breakout over 35$. Keep an eye on stock for a possible breakout tomorrow!!!
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!
AC
