8/5 Sunday
$620 has been a major pivot for the last 4 months starting last April.
We pounded on it several times last month. So if we can close above that, we probably will get to $640 pretty quickly here.
If market continues its bullish, we might even see it in few days.
Stochcastic is 100% supporting the move.
RSI also and MACD is crossing and the fast line will point up as we trade bullish this week.
ADX (not in the pic) is flat which means there aren’t lot of strength to this bullish move because really we’ve been just trading sideways.
So bottom line $620 solid pivot and we need to break that to go bullish. Next target $640.
8/8 Wednesday
Well so slightly missed our bullish trigger which is a good thing.
Falling volume definitely a concern and early signal we might just roll over and test that $600 for support.
or possible flag or pennant continuation pattern. But at this point, we don’t have enough data to see where its going otherthan we are just moving sideways.
Moving averages are starting to flattening it out indicating we are losing steam.
$AAPL being such a disciplined stock with the market, im sure its gonna follow the market.
No bearish trigger at this point, we don’t know yet where its going.
8/9 Thursday Early Morning
8/13 Monday Open – nicely gapped up
about $640 next target