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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo5/10/2012 11:53:44 AM
1 Recommendation   of 209892
 
AAPL....A little bit to write home about<vbg>...

The pullback of the past couple of months has held above the Apr low...thus indicating considerable relative strength vs broad market. This morning we appear to be breaking above the DT from Apr 25, opening the possibility of a move up to R at the 50dMA....today at 588....and an approach to R at the major DT... from the ATH ....which would be moving down from 594 to 582 in the coming week..

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