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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST
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From: Henry J Costanzo4/24/2014 12:38:56 PM
9 Recommendations

Recommended By
16yearcycle
david1951
HerbVic
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Moonray

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TA update..

Two important, positive, developments today:
……The long-standing major downtrend line from the all-time high was finally..and decisively…broken, with a huge gap to the upside and heavy volume..
……Although the heavy volume on the Jan decline departs from the usual volume pattern required, I believe that its association with a sharp decline in the broad market at that time permits consideration of the action since Dec as completion of a bullish symmetrical triangle. This triangle can be measured to about 618ish….which roughly coincides with chart resistance areas at 600 and 620ish..

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