Apple Shares at an Inflection Point – A Technical Look at the Rally

By | January 18, 2017

Shares of Apple (AAPL) rallied on Tuesday, closing near their highs and forming a bullish engulfing candle that encompassed the range of the previous four sessions. They look poised to move higher and should see follow-through strength this week, but the stock is getting overbought. It is a good time to look at where the current levels of support are, and the next level of potential resistance could be using the daily and weekly charts. Here’s a link to my article posted on this morning.

aapl thestreet july

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.