Posted about this on Apr 4. Past performance doesn't guarantee future returns yada yada, but it does provide us lots of data to analyze. AAPL broke out to the upside out of the trough I pointed out and has now broken through overhead resistance of both the 100 and 200 DMAs. Anyone who was buying in those dips to the low end of the trough have made 10% - 12% on the breakout for 4-5 weeks. The only thing between the stock and clear blue skies above is the long term overhead resistance at about $190.
Blazin
talks sentiment alot and I am onboard with it. As the market's flagship (and usually the largest) company, this breakout (if sustained) has lots of potential given AAPL's ability to carry the market on its back. This isn't the move bears want to see.
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