Monday, April 29, 2013

Monday evening

AAPL Daily Chart
(Click chart for better view)
Apple is definitely behaving better for the longs.  Notice the tall red volume bars 4/17-19 and the higher close on 4/19.  Since then 5 of 6 days have been up and volume on Friday and today was above average.  The 50 day is still resistance. Notice the high of the day was 433.62 with the 50 day at 433.45.  The price backed off the high made during lunch and never reached it again.  The last 15 minutes today saw some selling.  Tomorrow should be interesting.

Monday afternoon


Monday morning