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Tuesday, July 19, 2011

Apple Inc (AAPL) broke sky high.. Historical High



Wow Apple Inc AAPL really did it again. Now breaking Sky High.















Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD -  Bullish Crossover formed and thrusting toward to 0 to be uptrend. ( Bullish)
4) RSI - Broke 50% and going up ( Bullish )
5) Sto -  Broke above 80%( Bullish)
6) ADX - weak momentum and Bullish
7) Candle Stick - White Candle 2x ( slight bullish)







0 Points







       7 Points







Conclusion


Winner BULL

Broke the new resistance at 361 and heading toward to the next pitstop at 375
Entry Price 378
Take Profit  at 390, 400 and 407
Support at 364 ( Resistance turned support)

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