AAPLE Breakout again !!!! Really Cool !!!!!! Shares closed the day gaining more than 3% to a new historic mark for stock at $153.18, near the highs of the day at $153.22. AAPL has been on one of the most amazing runs of this most recent bull market. Looking at the daily chart the investor sentiment in AAPL stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Following this technical chart it's predictable that tomorrow AAPL will reach to new highs.
There is something in the air, I suppose !! Chart don't lie !! Volume above average with a nice trend in just a few days, Huuuuummmmm. Well, looking at the chart YHOO looks really positive as 20 day moving average has just crossed on top of 50 day moving average, confirming the Bullish signal. In addition with MACD on top of 0 showing bull market and KD at high level the stock should kept going for now.
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
Labels: AAPL, YHOO